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With remittances to the developing countries reaching USD 251 billion in 2007, there has been a recent surge of interest to understand the effective channelization of this flow of remittances for providing a variety of financial services desirable to the poor households in the receiving regions,...
Persistent link: https://www.econbiz.de/10011114389
linkages, direct and facilitating linkages, can benefit microfinance institutions – and particularly in jurisdictions where the … and impact of microfinance in selected jurisdictions. In so doing, it addresses some of the existing and persisting …
Persistent link: https://www.econbiz.de/10011260333
linkages, direct and facilitating linkages, can benefit microfinance institutions – and particularly in jurisdictions where the … and impact of microfinance in selected jurisdictions. In so doing, it addresses some of the existing and persisting …
Persistent link: https://www.econbiz.de/10011261110
Although microfinance has played a significant role in providing a wide range of financial products and services, many … microfinance institutions (MFIs) in Kenya still face major challenges with efficiently and effectively delivering microfinance … greatly undermined the capabilities of MFIs to efficiently operate their services and expand their various microfinance …
Persistent link: https://www.econbiz.de/10005789729
The capital structure of firms that face restrictions on liquidity (i.e. that cannot hedge continuously) is affected by the agency costs and moral-hazard implicit in the contracts they establish with stockholders and customers. It is demonstrated in this paper that then an optimal level of...
Persistent link: https://www.econbiz.de/10013159445
A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...
Persistent link: https://www.econbiz.de/10012910879
In recent years, BRIC countries have demonstrated high rates of economic growth, rapid increases in GDP per capita and growing capital accumulation, and have been playing an increasingly important role in the global economy. However, as middle-income countries (low-income in the case of India),...
Persistent link: https://www.econbiz.de/10011260277
This paper analyses the need, significance and the advantages of ‘reforms in institutional finance for inclusive growth’ in the context of Indian economy and offers some practicable suggestions from the functional perspective. India’s Rural Financial Architecture (RFA) is subject to...
Persistent link: https://www.econbiz.de/10011113195
This study is based on the results of the non-monetary poverty estimation of the beneficiaries of microfinance in Mali … microfinance program could involve a reduction in the poverty gap between men and women beneficiaries. …
Persistent link: https://www.econbiz.de/10011258607
This paper provides a brief but comprehensive overview of microfinance academic literature with emphasis on recent … innovations, trends and efficiency. In particular, we focus on controversial issues of microfinance, such as commercialization … reviewed literature underline the great improvement in the microfinance field that, however, has not reached its full potential …
Persistent link: https://www.econbiz.de/10011258789