Now Build and Run a Profitable Microlending Business: The sustainable microfinance: A concise guide

By Dr. Norman Naaman Ambunya

The Sustainable Microfinance book reflects the current opportunities existing in the market for those who would like to make a contribution to societal economic development while at the same time ensuring an attractive economic return to themselves. It recognizes the gap in knowledge that exists on what it entails to operate a profitable and responsible microfinance business in addition to defining its objectives. With a better understanding of what it is, what it does, how it is done together with how innovations in financial products can be leveraged, it is my belief that a lot more people with the will, desire and means will venture into microfinance and see financial exclusion eradicated and contribute to the nation good of improved living standards, freedom from servitude and broader participation in the governance of national resources. We have the Capital (either intellectual including learned skills or money) to raise people from poverty.

Why this Book?

The role of MFIs in uplifting the economic communities has been underscored in the financial literature. It is now a given that MFIs are expected to continue playing this role of availing responsible finance to the financially excluded groups. For MFIs to play this role sustainably as going concerns, they need to demonstrate ability to continually generate revenues exceeding their costs. This sustainable profitability trend ensures that an MFI is able to attract the requisite additional funding for onward lending to the targeted groups. This book considers the clients and their needs whether they know them or are ignorant of them and how the suppliers of micro-financial services can meet these needs. The result, hopeful, is a how to book rather than a description of what! The book will therefore answer the following questions: What is the purpose of microfinance?What are the demographic considerations involved in microfinance product innovation and offering?What ensures MFI Sustainability (financial and operational)?

• Format: Paperback
• Language: English
• ISBN: B0BRZ4SR4X
• ISBN13: 9798373489843
• Release Date: January 2023
• Publisher: Independently Published
• Length: 92 Pages
• Weight: 0.30 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"