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| Title | Combining Strengths: Synergies between Cluster Development and Microfinance |
| Abstract | In line with the objectives of the International Year of Microcredit, this paper draws attention to the importance of microfinance for human and private sector development and it explores innovative uses of microfinance. The first section is meant as little more than a simple overview of the very large and still growing literature on the rationale, benefits and limitations of microfinance. In section two, the Indian microfinance experience is described in greater detail. The third part, which is also the core of the paper, analyses the synergies between UNIDO's Cluster Development Programme and microfinance. The concluding section discusses the transferability of UNIDO's experience in India and it emphasises the importance of business development services in addition to financial services. |
| Date | 2005 |
| Language(s) | English |
| Pages | 62 pages |
| Download the Report(62 pages/1,359 Kb) |