Microfinance in Developing Countries

VALENTINA HARTARSKA Auburn University, USA DENIS NADOLNYAK Auburn University, USA THOMAS MCADAMS Merit Energy Company, UK DALE W ADAMS The Ohio State University, USA ROBERT C. VOGEL IMCC FLORENT BEDECARRATS, CERISE, Paris, France CECILE LAPENU, CERISE, Paris, France LEIF ATLE BEISLAND University of Agder, Norway ROY MERSLAND University of Agder, Norway HANS DIETER SEIBEL Cologne University, Germany DAN MAROM Hebrew University, Israel JESSICA SCHICKS Solvay Brussels School of Economics and Management, Belgium SHILPA AGGARWAL University of California, USA LEORA KLAPPER Development Research Group at the World Bank DOROTHE SINGER Tilburg University, The Netherlands & Development Research Group at the World Bank RICHARD L. MEYER Ohio State University, USA

List of Tables and Figures About the editors About the contributors Dilemmas and Directions in Microfinance Research Ronny Manos, Jean-Pierre Gueyie & Jacob Yaron Microfinance and Microenterprises' Financing Constraints in Eastern Europe and Central Asia Valentina Hartarska, Denis Nadolnyak & Thomas McAdams Through the Thicket of Credit Impact Assessments Dale W. Adams & Robert C. Vogel Assessing Microfinance: Striking the Balance between Social Utility and Financial Performance Florent Bédécarrats & Cécile Lapenu Earnings Quality in the Microfinance Industry Leif Atle Beisland & Roy Mersland Culture and Governance in Microfinance: Desa Pakraman and Lembaga Perkreditan Desa in Bali Hans Dieter Seibel Crowd Empowered MicroFinance Dan Marom From a Supply Gap to a Demand Gap? The Risk and Consequences of Over-indebting the Underbanked Jessica Schicks Financing Businesses in Africa: The Role of Microfinance Shilpa Aggarwal, Leora Klapper & Dorothe Singer Microfinance and Agriculture: Challenges, Successes, Prospects Richard L. Meyer