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New IMD Book:
From Microfinance to Small Business Finance
By Professor Benoit Leleux

Based on the proceedings of one of the most talked about events of the year of microfinance, From Microfinance to Small Business Finance, makes a compelling business case for private capital investments in microfinance in developing countries.

Using a lifecycle perspective, Professor Leleux highlights the needs for capital in microfinance, the emerging successful models for microfinance institutions, and investigates the issues that need to be addressed from the investor's perspective to obtain a larger mobilization of private capital.

Combining real case studies of leading-for-profit microfinance institutions and discussions with influential investors and money managers, this book provides the first integrated business case for a re-energized industry.

Benoît Leleux is The Stephan Schmidheiny Professor of Entrepreneurship & Finance at IMD and MBA Program Director. He teaches on the Orchestrating Winning Performance (OWP) program, the Program for Executive Development (PED), the Mastering Technology Enterprise (MTE), the Strategic Finance (SF), and the Building on Talent (BOT) programs.

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