Higher Education

Microfinance Management

Author(s): Pradeep Kumar Mishra

ISBN: 9789366607856

2nd Edition

Copyright: 2026

India Release: 2025

₹375

Binding: Paperback

Pages: 236

Trim Size: 241 x 181 mm

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Microfinance has grown into a distinct and impactful industry. It has developed into a large employer, a great platform for policy interventions, and a tool for poverty alleviation and financial inclusion. It has also been a subject of debates and discussions across the world. The enormous growth of microfinance as a field of practice and as a body of knowledge has made it a challenging task to comprehend this subject. This textbook is an attempt to explain the concepts and practices of microfinance. Considering the needs of postgraduate students in the field of management, economics, development studies, and social sciences, this book explains the topic through theories, cases, and exercises.

  • In-depth explanation of topics in an easy-to-understand language
  • Written in the context of challenges thrown by the recent emergence of small finance banks
  • All important aspects of microfinance—fundamentals, operations, evaluation, policy, and strategic issues—are covered
  • Box inserts and closing cases in chapters for a better understanding of concepts and to encourage critical thinking
  • Chapter-end exercises (review question, application-based questions, and multiple-choice questions) to test conceptual learning
  • Six comprehensive cases at the end of the book illustrating various organisations in microfinance industry and the issues faced by them

Cengage digital app includes: flashcards, self-assessments, and additional reading material

PART I    Foundations of Microfinance

1. Introduction to Microfinance

2. Basic Concepts of Microfinance

PART II    Microfinance Operations

3. Self-Help Groups: Institution Building Operations

4. Microfinance Products and Services

5. Delivery of Products and Services

6. Product Development in Microfinance

PART III    Monitoring and Evaluation in Microfinance

7. Impact Assessment and SHG-Grading

8. Ratio Analysis

9. Responsible Finance and Social Performance Management

PART IV    Regulatory Environment for Microfinance

10. RBI Guidelines on Microfinance

11. Other Regulatory Issues and Debates

PART V    Strategic Issues in Microfinance

12. Crises in Microfinance

13. Governance Issues in Microfinance

14. Technology in Microfinance

15. Transformation of Microfinance Institutions

16. Funding Issues in Microfinance

17. Future of Microfinance

Case Studies

References

Index

Pradeep Kumar Mishra is Associate Professor at School of Rural Management, XIM University, Bhubaneswar. He received his doctorate in Rural Management from Institute of Rural Management, Anand, and has more than 25 years of experience in government, industry, and academics. Dr. Mishra has published numerous articles in several international peer-reviewed journals.