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This paper investigates the relative importance of microfinance institutions (MFIs) at both the macro (financial …
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metrics, `impacts' of Microfinance programs around the world are more directly comparable … around an aggressive foray into provision of Microfinance is more likely to fail, than to succeed. The Microfinance strategy … any supply-side or income multiplier effect from Microfinance, and there is not arrival at any beneficial transformation …
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Expanding access to financial services holds the promise to help reduce poverty and spur economic development. But, as a practical matter, commercial banks have faced challenges expanding access to poor and low-income households in developing economies, and nonprofits have had limited reach. We...
Persistent link: https://www.econbiz.de/10014025731
This article analyses the growth of microfinance by examining how some driven forces heighten more or less their … financial integration. Three main driven forces identify: agency costs, financial development and trade-off in microfinance. The … author samples 542 microfinance institutions. Quantile regression applies to analyze difference effects. The results first …
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