Success Factors in Microfinance Greenfielding

The creation of new microfinance institutions (greenfielding) is a key International Finance Corporation (IFC) intervention to increase access to finance in countries where there are few institutions serving micro and small businesses. IFC uses this approach extensively in Africa and in post conflict countries, and has supported the creation of 12 microfinance banks in Sub-Saharan Africa over the past four years. Another five are in the pipeline. Before 2006, IFC had made a grand total of only four microfinance investments in the region ever. So this program represents an extraordinary expansion of IFC's microfinance activities in the region. The program's focus on greenfielding has enabled the Africa microfinance team to identify some key success factors that can be applied to future projects in Africa and elsewhere.

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Bibliographic Details
Main Author: Jansson, Tor
Language:English
Published: World Bank, Washington, DC 2010-05
Subjects:ACCOUNTABILITY, BANKS, BRANCHES, CAPACITY BUILDING, CEO, CEOS, COMMERCIAL BANKS, CORPORATE GOVERNANCE, CREDIT SCORING, DEBT, DEBT FINANCING, DEPOSIT, DEPOSIT ACCOUNTS, DEPOSIT MOBILIZATION, DEPOSITS, DEVELOPMENT BANK, ENVIRONMENTAL STANDARDS, EQUITY FINANCING, EXPANSION, FINANCE COMPANIES, FINANCIAL MARKETS, FINANCIAL SECTOR, FINANCIAL SERVICES, FINANCIAL SUSTAINABILITY, FIRMS, GLOBAL FINANCIAL MARKETS, HUMAN RESOURCES, INCOME, INFORMATION TECHNOLOGY, INTERNAL CONTROL, INVESTMENT ACTIVITIES, LIABILITY, LIABILITY SIDE, LICENSING, LOAN, LOAN OFFICERS, LOAN PORTFOLIO, MANAGERS, MARKET CONDITIONS, MARKET DEMAND, MEDIUM ENTERPRISE, MICROENTERPRISES, MICROFINANCE, MICROFINANCE INSTITUTIONS, MICROFINANCE PROGRAM, MONEY LAUNDERING, NONPERFORMING LOANS, NPL, PORTFOLIO GROWTH, PORTFOLIOS, PROFITABILITY, REGULATORY AUTHORITIES, SAVINGS, SHAREHOLDER, SMALL BUSINESSES, SME, SPONSOR, SPONSORS, TURNOVER,
Online Access:http://documents.worldbank.org/curated/en/2010/05/12590932/success-factors-microfinance-greenfielding
https://hdl.handle.net/10986/10488
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