"Microfinance/microcredit today is facing two challenges. Firstly, it needs be more economically and financially sustainable. Secondly, it needs to increase its outreach in order to have a more signif
In recent years, the European Commission has attached increasing importance to the use of financial engineering instruments rather than traditional grant-based financing for the microcredit sector, co
This book covers Operational Risk Management (ORM), in the current context, and its new role in the risk management field. The concept of operational risk is subject to a wide discussion also in the f
