MICROBANKING BULLETIN - Microfinance Information Exchange
MICROBANKING BULLETIN - Microfinance Information Exchange
MICROBANKING BULLETIN - Microfinance Information Exchange
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CONTENTSFrom the Chair..................................................................................................................................1FEATURE ARTICLESReassessing the Financial Viability of Village Banking: Past Performance and Future Prospects.....3Gary WollerA Business Model for Going Down Market: Combining Village Banking and Credit Unions ..............9Kathleen Stack and Didier ThysCOMMENTARYServing the Poorest Sustainably.....................................................................................................13An Interview with David Gibbons, CASHPORSix out of Seven Ain’t Bad (Credit Unions, Continued)....................................................................17Elisabeth RhyneCASE STUDIESIn Their Own Words: FINCA, Uganda.............................................................................................19Michael McCordIn Their Own Words: Pro Mujer Bolivia ...........................................................................................21Nancy NatilsonBulletin Case Study: BURO, Tangail, Bangladesh ..........................................................................23Geetha NagarajanBulletin Case Study: BASIX, India ..................................................................................................27Geetha Nagarajan<strong>BULLETIN</strong> HIGHLIGHTS AND TABLESBulletin Highlights...........................................................................................................................29Craig ChurchillAn Introduction to the Peer Groups and Tables ..............................................................................36Index of Ratios and Tables .............................................................................................................39Peer Group Tables (Tables 1-4) .....................................................................................................40Additional Analysis Tables (Tables A-B) .........................................................................................47APPENDICESAppendix I: Notes to Statistical Section...........................................................................................54Appendix II: Description of Participating MFIs.................................................................................58