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interest of western banks in new models of finance, particularly Islamic finance and microfinance. This new trend is not only … primarily outlines that many elements of microfinance could be considered consistent with the broader goals of Islamic banking …
Persistent link: https://www.econbiz.de/10010312356
Persistent link: https://www.econbiz.de/10011902375
the deprivations and enhance welfare of the poor. Islamic Microfinance is one of them and is rapidly getting popular in … microfinance on the household welfare of the target clients by observing its impact on health, education, income, expenditures and … assets of the poor who took loan from Islamic Microfinance institutions (IMFIs). Study is based on primary data and …
Persistent link: https://www.econbiz.de/10012008861
This paper analyses the welfare effects of microfinance and inflation in developing countries. Therefore, we introduce … microfinance institution induces peer monitoring, which in turn enables entrepreneurship. Our main result is that there exists an … inflation threshold beyond which entrepreneurship collapses. We show that inflation affects the impact of microfinance on social …
Persistent link: https://www.econbiz.de/10011390685
This paper explores the potential of microfinance in post-conflict economies, and speci-fically examines policy … requirements for suc-cessful microfinance operations, as outlined by the Microenterprises Best Practices Project. Political …
Persistent link: https://www.econbiz.de/10010263817
Microcredit is an innovative financial tool designed to reduce poverty and fix credit market imperfections. We use experimental measures of time discounting and risk aversion for villagers in south India to highlight behavioral features of microcredit. Conditional on borrowing from any source,...
Persistent link: https://www.econbiz.de/10010269753
self-employed poor rarely have any formal training in business skills. However, a growing number of microfinance … also improved repayment and client retention rates for the microfinance institutions. Larger effects found for those that …
Persistent link: https://www.econbiz.de/10010270827
This paper discusses the so-called commercial approach to microfinance under economic and ethical aspects. It first … shows how microfinance has developed from a purely welfare-oriented activity to a commercially relevant line of banking … microfinance in the course of the last decade. As the author argues, this commercial approach is the only sound approach to adopt …
Persistent link: https://www.econbiz.de/10010271345
present estimates of this parameter derived from a randomized trial. The experiment was implemented by a consumer microfinance …
Persistent link: https://www.econbiz.de/10010274421
, small- and medium-sized enterprises (MicSMEs) and poor households. The overall policy environment for promoting microfinance …
Persistent link: https://www.econbiz.de/10011429669