managing risk.pdf

Managing Risk and Creating Value with Microfinancebrings together the latest information on microfinance institutional sustainability fromleading international experts and microfinance practitioners in four Latin Americancountries. Each chapter focuses on one topic: risk management, good governance, interestrates, microinsurance, housing microfinance, microleasing, disaster preparedness, and newtechnologies.The papers in the book are the result of a series of meetings financed by the United Kingdom’sDepartment for International Development and supported by the World Bank’s GlobalDevelopment Learning Network. The Bank engaged practitioners in Bolivia, Colombia,Ecuador, and Peru in response to a movement in some South American governments toimpose policies and practices that would, in the long run, reduce the microfinanceinstitutions’ (MFIs’) sustainability. The meetings were designed to strengthen MFIs bydisseminating innovative approaches in the above eight areas, promoting a South-Southdialogue, encouraging greater ties between these MFIs, and highlighting the Bank’s abilityto mobilize international experts and local practitioners. The discussions took placebetween 2006 and 2008.Managing Risk and Creating Value with Microfinance covers risk management topics suchas risk management systems, good governance, interest rates, and microinsurance. Theauthors also present information on new product development and efficient deliverymethodologies including housing microfinance, microleasing, disaster preparedness, andnew technologies. A Web site provided a forum for further discussion and knowledgesharing.Managing Risk and Creating Value with Microfinance is intended for MFI board members,managers, staff, students, teachers, donors, and government regulators and supervisors.ISBN 978-0-8213-8228-8SKU 18228