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 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 …

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 …

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 …

present estimates of this parameter derived from a randomized trial. The experiment was implemented by a consumer microfinance …

, small- and medium-sized enterprises (MicSMEs) and poor households. The overall policy environment for promoting microfinance …

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

Microfinance is an emerging important financial subsector in Asian transition countries. Its role is to improve … alleviation. This paper provides an overview of rural finance and microfinance development in transition countries in Southeast … banks, microfinance banks, microfinance NGOs, financial cooperatives and other indigenous financial systems - have to reach …