The initial success of microfinance programs in the 1970s led pioneers to think that many essential problems of the … poor might be resolved by access to credit alone -- the ability to acquire assets, to start businesses, to finance … be done. Most microfinance institutions (MFIs) are still small and vulnerable to constraints on their resources and to …

increase optimal savings for people without access to credit. Liquidity constraints force them to take part of an income loss …

In recent years, microfinance institutions are seen as beacons of hope to help eradicate poverty through, among others …, providing credit to poor rural households. Availability of small but repeated loans is, in the long-term, expected to impact on … poverty. However, decades after the introduction of microfinance institutions into many rural areas, there are still questions …

managed storage and inventory credit services, and where there is framework of law enforcement. The immediate poverty …

interventions. It then goes on to discuss what was learned about the impact of microfinance, educational transfer, and agricultural … technology development programs from the life-history narratives. The life-history interviews show that microfinance services are … income-generating activity at some time. Microfinance contributed to at least one of the three or four most important causes …