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Title: Finance at the Frontier: Debt Capacity and the Role of Credit in the Private Economy (Edi Development Studies) by J. D. Von Pischke ISBN: 0-8213-1818-7 Publisher: World Bank Pub. Date: May, 1991 Format: Paperback Volumes: 1 List Price(USD): $30.00

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Average Customer Rating: 5 (1 review)

Rating: 5
Summary: One of the Best Book on Microcredit!
Comment: This is an excellent book on microfinance - or microcredit, the practice of lending very small loans to low income individuals. This book uses simple language that can be understood by someone who is not a finance specialist. And this is important! It has very useful insights on microfinance and it will help anyone interested in the topic in general -either those who have to make credit decisions or those who have an academic interest on the topic but little knowledge of its financial implications. Another interesting book on the topic (not quite as thorough as Von Piscke in its financial analysis) is: The New World of Microenterprise Finance. Eds: Mariá Otero and E. Rhyne (1994, Kumarian Press).