Financial services that clients need: The 3.0 business models, reconciling outreach with sustainability

Robert Peck Christen

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Formal financial services hold the potential to improve the lives of the general population, including low-income families, as well as contribute to general economic progress. The development of the finance function in an economy is linked to overall economic growth. Countries with more private lending to private enterprises and liquid stock exchanges grow faster than countries with less developed banking systems. Well functioning financial systems ease financial constraints that hold back development of industries and productive sectors.

Original languageEnglish (US)
Title of host publicationMicrofinance 3.0
Subtitle of host publicationReconciling Sustainability with Social Outreach and Responsible Delivery
PublisherSpringer-Verlag Berlin Heidelberg
Pages105-122
Number of pages18
ISBN (Electronic)9783642417047
ISBN (Print)3642417035, 9783642417030
DOIs
StatePublished - Oct 1 2013

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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    Christen, R. P. (2013). Financial services that clients need: The 3.0 business models, reconciling outreach with sustainability. In Microfinance 3.0: Reconciling Sustainability with Social Outreach and Responsible Delivery (pp. 105-122). Springer-Verlag Berlin Heidelberg. https://doi.org/10.1007/978-3-642-41704-7_5