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Community-managed loan funds : which ones work? : Fondos de prestamos gestionados por la comunidad : cual de ellos funciona? (Spanish)

Government and donor projects that deliver microfinance-that is, credit and other financial services for poor and low-income people-usually involve microfinance institutions (MFIs) with professional staff. However, an increasing minority of microfinance projects rely instead on community-managed loan funds (CMLFs). In CMLFs, credit to the members of a small group is managed by the members themselves, with no professional management or supervision...
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Murray,Jessica; Rosenberg,Richard.

Community-managed loan funds : which ones work? : Fondos de prestamos gestionados por la comunidad : cual de ellos funciona? (Spanish). CGAP focus note ; no. 36 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/257561468326387062

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