A really good book to get an understanding of how 'micro credit' first started in the villages of Bangladesh and how it has progressed, reaching new levels of success and rewarding the founder of Grameen Bank (now with 8 million plus customers and international presence), Professor Muhammad Yunus with the 2006 Nobel Peace Prize.
As my current project is with a start up MFI in Karnataka (Chaitanya), I found this incredibly useful to read, especially after spending some time out in the field and seeing the live operations. There is a lot of learnings and mistakes made by Grameen that can act as wisdom for new entrants to the market. Although, this book was written over 12 years ago, and the market having moved dramatically, some of the fundamentals remain same. To see more of an in-depth study and summary relating to MFIs, click on the below link.
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