Microfinance is the provision of financial services to the financially excluded, usually the poor. We use literature reviews and descriptive research to present different aspects of the relationship of the microfinancial services to microenterprise. The first thrust in this field had been from...

The UNDP has set Millennium Goals which include the halving of world poverty by 2015. This can be viewed in the light of enlightened self interest, including noneconomic interest, within the above view. This was translated into reducing by half the number of people living in abject poverty. We...

The aim of this paper is to consider the teaching of Mohandas Gandhi (1869-1948) and suggest the relevance of his thought to the current dilemmas facing MFIs. Gandhi was an inspirational political leader and India, the country of his birth, is also home to the largest and fastest growing MFI...

Microfinance is the provision of financial services to disadvantaged people and the financially excluded, often with a social mission of poverty alleviation and women empowerment. There are many different forms of microfinance institutions (MFIs): for-profit, not-for-profit and state-owned, all...