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Today more than ever it is evident that financial organizations that fail to heed the principles of sound financial management will rapidly find themselves in trouble. Over ten years ago, Robert Peck Christen observed this in the context of microfinance programs burgeoning in the late 1990`s. His concern spurred the writing of this manual.
Developed to help microfinance program administrators manage for financial success, this best-selling manual today still offers practical and clear applications of traditional financial topics to microfinance institutions.
In this manual, Christen addresses interest rate policy, management of assets and liabilities, capital and portfolio risk, and strategic financial planning—all key issues for microfinance institutions and all important for the donors, consultants, and regulators who work regularly with microfinance institutions to understand. The manual presents the theoretical framework along with numerous examples, allowing the reader to deepen his or her understanding of the subject matter.
ISBN - 9788171888115
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Pages : 290
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