02683nas a2200241 a 450000500170000000800410001703500150005810000220007324500870009526000670018230000420024949000530029150001590034450200670050352015000057065000240207070000410209470000490213570000480218471000600223281000840229285600650237620260817172428.0161112s2013    th uu|m rtt   0|  a1eng d  a.b121742451 aTimilsina, Saurav10aChallenges of micro finance :ban analysis of Nepal's urban micro finance industry  aPathum Thani, Thailand :bAsian Institute of Technology,c2013  a1 online resource (48 leaves) :bill.1 aResearch studies project report ;vno. SM-13-05   aA research study submitted in partial fulfillment of the requirementsfor the degree of Masters of Business Administration in Business Administration - MBA  aResearch report (M.B.A.) - Asian Institute of Technology, 2013  aThe  mushrooming  of  urban  microfinance  institutions  in  Nepal  has  created  many problems and few opportunities. The risesin the influx of urban immigrants who are poor and deprivedfrom mainstreamfinancial services have created a potentially huge market for urban MFIs. But the characteristics of urban poor are different from their rural  counterparts  and  the  replication  of  same  rural  model  of  micro-finance  cannot serve urban poor and be financially viable at the same time.This  paper  has  identified  some  of  the  major  challenges  of  the  urban  micro-finance unique  to  Nepal, such  as  mission  drift  due  to  over  commercialization, multiple lending  and  multiple  borrowing  leading  to  the  over-indebtedness  of  clients  beyond their  capacity  to  repay  and  also  lack  of  entrepreneur  skills  of  clients  needed  to  be successful  in  urban  areas. Furthermore, formation  ofcoherent  and  successful  groups is  very  difficult  in  urban  microfinance  as  it  is  plagued  by  high  dropout  rates,  high default rates and lack of trust among group members.Central  MIS system where  all  the  information  about  clients  can  be  gathered  at  real timewill help preventclient duplication, over indebtedness and default.Also allowing the  withdrawal  of  funds  from  mandatory  saving  fund  will  discourage  high  dropout rates  among  the  client.And  finally,  providing  customized  products  will  prevent dissatisfaction among clients. 0aMicrofinancezNepal0 aSupasith Chonglerttham,eChairperson0 aJuthathip Jongwanich,eExamination Committee0 aVatcharapol Sukhotu,eExamination Committee2 aMinistry of Foreign Affairs, Norway,eScholarship Donor2 aAsian Institute of Technology.tResearch studies project report ;vno. SM-13-05  3Full-Textuhttp://203.159.5.9/ait-thesis/detail.php?q=B01627