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An Extension Case Study in Institutional Innovation: Microfinance Intermediary Formation

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Title: An Extension Case Study in Institutional Innovation: Microfinance Intermediary Formation
Language: English
Authors: Edelman, Mark A.
Source: Journal of Extension. Apr 2015 53(2).
Availability: Extension Journal, Inc. e-mail: joe-ed@joe.org; Web site: http://www.joe.org
Peer Reviewed: Y
Page Count: 8
Publication Date: 2015
Document Type: Journal Articles
Reports - Descriptive
Descriptors: Extension Education, Case Studies, Innovation, Cooperative Planning, Entrepreneurship, Credit (Finance), Business, Committees, Technical Assistance, Problem Solving
Geographic Terms: Iowa
ISSN: 1077-5315
Abstract: An institutional innovation process led by Extension created a statewide microfinance intermediary. The intermediary provides business technical assistance and microloans to entrepreneurs having difficulty securing conventional credit but having workable business plans. The process included (1) gathering indicators of a problem; (2) formation of a steering committee of relevant interests to study the concerns; (3) a search for alternative solutions and assessment of probable consequences; and (4) emergence of an institutional strategy for addressing gaps. A business plan was implemented over 5 years. The collaboration created new opportunities on multiple levels for Extension problem-solving impacts and outcomes.
Abstractor: As Provided
Number of References: 12
Entry Date: 2015
Access URL: https://www.joe.org/joe/2015april/pdf/JOE_v53_2a4.pdf
Accession Number: EJ1063171
Database: ERIC
FullText Text:
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PubType: Academic Journal
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IllustrationInfo
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  Data: An Extension Case Study in Institutional Innovation: Microfinance Intermediary Formation
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  Data: <searchLink fieldCode="SO" term="%22Journal+of+Extension%22"><i>Journal of Extension</i></searchLink>. Apr 2015 53(2).
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  Data: Extension Journal, Inc. e-mail: joe-ed@joe.org; Web site: http://www.joe.org
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  Data: Journal Articles<br />Reports - Descriptive
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  Data: <searchLink fieldCode="DE" term="%22Extension+Education%22">Extension Education</searchLink><br /><searchLink fieldCode="DE" term="%22Case+Studies%22">Case Studies</searchLink><br /><searchLink fieldCode="DE" term="%22Innovation%22">Innovation</searchLink><br /><searchLink fieldCode="DE" term="%22Cooperative+Planning%22">Cooperative Planning</searchLink><br /><searchLink fieldCode="DE" term="%22Entrepreneurship%22">Entrepreneurship</searchLink><br /><searchLink fieldCode="DE" term="%22Credit+%28Finance%29%22">Credit (Finance)</searchLink><br /><searchLink fieldCode="DE" term="%22Business%22">Business</searchLink><br /><searchLink fieldCode="DE" term="%22Committees%22">Committees</searchLink><br /><searchLink fieldCode="DE" term="%22Technical+Assistance%22">Technical Assistance</searchLink><br /><searchLink fieldCode="DE" term="%22Problem+Solving%22">Problem Solving</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22Iowa%22">Iowa</searchLink>
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– Name: Abstract
  Label: Abstract
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  Data: An institutional innovation process led by Extension created a statewide microfinance intermediary. The intermediary provides business technical assistance and microloans to entrepreneurs having difficulty securing conventional credit but having workable business plans. The process included (1) gathering indicators of a problem; (2) formation of a steering committee of relevant interests to study the concerns; (3) a search for alternative solutions and assessment of probable consequences; and (4) emergence of an institutional strategy for addressing gaps. A business plan was implemented over 5 years. The collaboration created new opportunities on multiple levels for Extension problem-solving impacts and outcomes.
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      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 8
    Subjects:
      – SubjectFull: Extension Education
        Type: general
      – SubjectFull: Case Studies
        Type: general
      – SubjectFull: Innovation
        Type: general
      – SubjectFull: Cooperative Planning
        Type: general
      – SubjectFull: Entrepreneurship
        Type: general
      – SubjectFull: Credit (Finance)
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      – SubjectFull: Business
        Type: general
      – SubjectFull: Committees
        Type: general
      – SubjectFull: Technical Assistance
        Type: general
      – SubjectFull: Problem Solving
        Type: general
      – SubjectFull: Iowa
        Type: general
    Titles:
      – TitleFull: An Extension Case Study in Institutional Innovation: Microfinance Intermediary Formation
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            NameFull: Edelman, Mark A.
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              Type: published
              Y: 2015
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              Value: 1077-5315
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