Microfinance remains a donor-dominated industry, but it does not have to be. The entire industry, currently at about $17 billion, is estimated to reach as much as $300 billion over the next 20 years.
A new report examines the involvement of public and private capital with global microfinance business, mapping out the range of financial products available to the poor:
Morgan Stanley pioneers the trend, but the lack of globally acceptable standards still stands in the way of scaling up investments.
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