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This paper studies the determinants of being unbanked in the euro area and the United States as well as the effects of being unbanked on wealth accumulation. Based on household-level data from the euro area Household Finance and Consumption Survey and the U.S. Survey of Consumer Finance, it...
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Microfinance is globally trusted for corroborating the upliftment of the rural vulnerable poor sections. It is looked upon as a means of credit-based poverty alleviation through financial inclusion. India also witnesses the same. In India, the self-help group bank linkage programme (SHG-BLP) is...
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In South Asia, the modern microfinance movement was born in Bangladesh in the 1970s as a response to the prevailing … poverty conditions among its vast rural population. Astonishing growth rates in Bangladesh, particularly during 1990s, created … of the twenty-first century reinforced this trend as the Bangladesh numbers continued to grow impressively; in India, a …
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