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Although microfinance institutions across the world are moving from group lending towards individual lending, this …
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Expanding access to financial services holds the promise to help reduce poverty and spur economic development. But, as a practical matter, commercial banks have faced challenges expanding access to poor and low-income households in developing economies, and nonprofits have had limited reach. We...
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This work analyzes the role of governance of financial entities in the current crisis. Neoliberal economic policies, deregulation and liberalization have characterized financial globalization, giving rise to the financialization of the economy. This paper, using the analysis-synthesis method,...
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Microfinance plays a crucial role to reduce the poverty in developing countries. For that reason, the effectiveness of … microfinance institutions (MFIs) is widely investigated in the literature. This study examines the levels of efficiency of MFIs in …
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