“Yogendra’s book provides invaluable guidance for project managers. It provides a comprehensive treatment of all aspects of microfinance and a thorough discussion of grassroot initiatives in development and its concepts that every project manager, development banker and academic should know. The very readable style helps clarify the rural development process and its application to everyday microfinance projects. This book affords an opportunity to view the development process from the perspective of small farmers in the field. Dr Acharya reveals simple truths about an otherwise complex subject in a straight-forward, no-nonsense style that is rich with practical suggestions and insightful commentary. This book also unveils the mystery and politics of microfinance. It is concise and easy to understand. A good reference book for the rural development and small business financing process as well as a trouble shooting guide for understanding sustainable microfinance and entrepreneurship.
Dr. John Harris PhD, FCMA
Understanding Sustainable Microfinance and Poverty – Yogendra Prasad Acharya
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