This paper examines the development of microfinance market from the household perspective as it relates to poverty …

This paper extends the analysis on microfinance and poverty from the household perspective by focusing on the role of …

This article argues that the microfinance model that arrived in Latin America in the 1970s has proven, as elsewhere … microfinance model is responsible for embedding and giving continued impetus to an adverse 'anti-development' trajectory in Latin … ignored for fear of undermining and delegitimizing the global microfinance model and, with it, the dominant political …

Microfinance institutions (MFIs) are often seen by aid practitioners as a manifestly effective means of improving the … rigorously, but in both regions the evidence that microfinance is reaching the core poor is very limited. …

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 …

This paper presents an in-depth analysis of developments in the microfinance sector before and after the Lehman … developing countries. The findings indicate that microfinance has been part of the same credit boom observed in the traditional … capital. This raises the question whether the crisis resilience the microfinance sector has shown in the past remains a …