The Woodrow Wilson Center Press

What People are Saying

“With the publication of this volume, knowledge and understanding of the practices of delivering micro-credit reach a new level of consolidation, and the stage is set for important further steps.”—From the foreword by Richard P. Taub, University of Chicago

“This book offers a useful introduction to the international microfinance field for US practitioners interested in gaining a better understanding of effective practices and potential areas of connection.”—Steve Shepelwich, Small Enterprise Development

“Finally, some reflections are offered on how the U.S. microfinance should evolve in the future…and on the links between microfinance and welfare policies.”—Giordano Dell’ Amore Foundation, Savings and Development

Chapter List

Richard P. Taub


Introduction: Replicating Microfinance in the United States—An Overview
James H. Carr and Zhong Yi Tong

Part I. Review and Synthesis of Research
1. Opportunities and Challenges for Microfinance in the United States
Mark Schreiner and Jonathan Morduch

Part II. International Experience with Microfinance: Concepts, Approaches, and Best Practices
2. Microfinance in Developing Countries
J. D. Von Pischke 
3. Current Foundations of Microfinance Best Practices in Developing Countries
J. D. Von Pischke
4. Microfinance in Industrial Countries: Lessons from the World Bank’s Experience
Robert M. Buckley
5. Financial Sustainability in U.S. Microfinance Organizations: Lessons from Developing Countries
Andrés Vinelli

Part III. Microfinance in the United States: The Challenges and the Potential
6. Fulfilling the Potential of the U.S. Microenterprise Strategy
Lisa J. Servon
7. The Challenges of Outreach and Sustainability for U.S. Microcredit Programs
Mitin Bhatt, Gary Painter, and Shui-Yan Tang
8. From South to North: A Comparative Study of Group-Based Microcredit Programs in Developing Countries and the United States
Chi-kan Richard Hung

Part IV. Comparative Studies of Microfinance for Housing
9. Microfinance and Low- and Moderate-Income Lending for Housing in Emerging Markets and the United States
Sally R. Merrill and Kenneth Temkin
10. Microfinance of Progressive Housing: Can Techniques from Developing Countries Be Adapted in the United States?
Bruce Ferguson and Elinor R. Haider

Part V. The Future of Microfinance in the United States
11. The Future of Microfinance in the United States: Research, Practice, and Policy Perspectives
Ayşe Can Talen, Marc A. Weiss, and Sohini Sarkar

About Woodrow Wilson Center Press

Woodrow Wilson Center Press publishes books by fellows, other resident scholars, and staff written in substantial part at the Wilson Center.