{"product_id":"agricultural-risk-and-insurance-in-india-copy","title":"Banking Services for the Poor","description":"\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cdiv\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003eToday 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.\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eDeveloped 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.\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eIn 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.\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/h2\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e\u003cstrong\u003eRobert Peck Christen\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ehas over 25 years of experience in leading the development of the microfinance sector. He is recognized internationally for his leadership in advancing the microfinance sector as a global industry in a number of areas: commercial innovations in microfinance operations, microfinance industry performance bench-marking, international professional training programs and policies in regulation and supervision.\u003c\/p\u003e\n\u003cp\u003eMr. Christen has worked in over 40 countries advising governments, banks, and microfinance service providers,\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003c\/div\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cem\u003eList of Tables, Boxes and Figures \u003c\/em\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e1. Introduction\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e1.1 Four Challenges Facing Microfinance\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1.1.1 The First Challenge: Loan Repayment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1.1.2 The Second Challenge: Cost Recovery\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1.1.3 The Third Challenge: Accessing\u003cbr\u003e         Commercial Funding\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1.1.4 The Fourth Challenge: Attracting Private,\u003cbr\u003e         for-profit Equity Investment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1.2 Levels of Cost Recovery\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1.3 Leverage of Donor Funding\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1.4 The Relation Between Financial\u003cbr\u003e      Sustainability and Outreach\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e2. Evaluating MFI Financial Sustainability\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.1 Adjusting Financial Statements to Account\u003cbr\u003e      for the Effects of Inflation and Subsidies\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.1.1 Cost-of-inflation Adjustment Technique\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.1.2 Subsidy Adjustment Technique\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.2 Adjusting Financial Statements to\u003cbr\u003e     Account for Loan Portfolio Risk\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.2.1 Measuring Loan Delinquency\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.2.2 Portfolio Risk Classification, Loan\u003cbr\u003e         Loss Provisioning, and Write-offs\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.3 Setting up Financial Statements\u003cbr\u003e      and Related Information\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.3.1 Presenting Financial Statements to\u003cbr\u003e        Enhance the Evaluation and\u003cbr\u003e        Management of Programme Results\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.3.2 Presentation of the Adjusted Financial\u003cbr\u003e        Statements in Constant Currency Terms\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.4 Evaluating Financial Sustainability:\u003cbr\u003e     Three Profitability Models \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.4.1 Cost Recovery Model\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.4.2 Return on Equity Model\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e2.4.3 Modified Subsidy-adjusted\u003cbr\u003e        Return on Assets Model\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e3. Setting Appropriate Interest Rates:\u003cbr\u003e    The Key to Long-term Viability\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e3.1 Role of Capital in the MFI\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e3.2 Capital Adequacy and Leverage\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e3.3 The Need for Lower Leverage in the\u003cbr\u003e      MFI than in Traditional Banks\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e3.4 Technical Criteria for Setting Interest Rates\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e3.5 Political Considerations for Setting\u003cbr\u003e      Interest Rates on Microloans\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e3.6 Structuring Interest Rates and Fees\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e3.7 Using Effective Interest Rates to\u003cbr\u003e      Measure Expected Yields\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e4. Asset\/Liability Management in the\u003cbr\u003e    Microfinance Institution\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.1 Net Interest Margin and Gap Management\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.1.1 Gap Analysis\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.1.2 Gap Management in Microfinance\u003cbr\u003e         Institutions\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.2 Liability Management\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.2.1 Calculating Interest Expense\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.2.2 Managing Interest Expense\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.2.3 Structuring Interest Rates on\u003cbr\u003e        Savings Deposits\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.3 Liquidity and Reserve Position\u003cbr\u003e      Management\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.3.1 Risk-return Trade-off\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.3.2 Measuring Liquidity\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e4.4.3 Cash-flow-based Liquidity Management\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e5. Productivity Enhancement Tools\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.1 Monitoring Administrative Costs\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.2 Variables that Influence Financial Performance\u003cbr\u003e      and Enhance Productivity\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.3 Administrative Features of Efficient\u003cbr\u003e     Organisations\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.3.1 Staff Accountability and the Use\u003cbr\u003e      of Incentives Systems\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.3.2 Decentralised Decision Making within Branch\u003cbr\u003e         Offices that Operate as Profit Centers\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.3.3 Management Information Systems\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.3.4 Internal Controls and Fraud Risk\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.4 Costing of Financial Products\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.4.1 Structuring the Cost Study\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.4.2 Variable Operating Costs of\u003cbr\u003e        Passbook Savings Account\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.4.3 Fixed Operating Costs of\u003cbr\u003e        Passbook Savings Account\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.4.4 Indirect and Setup Costs of\u003cbr\u003e        Passbook Savings Account\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.4.5 Financial Costs of Passbook\u003cbr\u003e        Savings Account\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5.4.6 Total Cost of Passbook\u003cbr\u003e         Savings Account\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e6. Strategic Financial Planning\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1 A Business Plan Format\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.1 Institutional Analysis\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.2 Review of Macro Context\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.3 Loan Portfolio\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.4 Funding\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.5 Operations\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.6 Special Projects\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.7 Capital\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.1.8 Financial Statements and\u003cbr\u003e        Statistical Appendices\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2 Generating Streamlined\u003cbr\u003e      Financial Projections\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.1 Individual Branch Level\u003cbr\u003e         Loan Portfolio\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.2 Individual Branch Level\u003cbr\u003e        Staffing Requirements\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.3 Individual Branch Level\u003cbr\u003e         Income Statement\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.4 Individual Branch Level\u003cbr\u003e         Performance Indicators\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.5 MFI-level Consolidated Loan\u003cbr\u003e         Portfolio, Income Statement,\u003cbr\u003e         and Performance Indicators\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.6 Head Office Support Budget\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.7 MFI-level Balance Sheet\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6.2.8 MFI-level Cash Flow\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eBibliography\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eAppendix\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100.707%; height: 85px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003e2010\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003e290\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cspan\u003e9788171888115\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Robert Peck Christen","offers":[{"title":"Hardcover \/ ENG- English \/ Finance","offer_id":51554053947713,"sku":null,"price":895.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/9788171888115-web-305-servi.jpg?v=1774953292","url":"https:\/\/www.academicfoundation.com\/products\/agricultural-risk-and-insurance-in-india-copy","provider":"Academic Foundation | AF Press","version":"1.0","type":"link"}