vicious circle.Microfinance is a successful financial innovation to help the poor to sort out credit exclusion, which is one … unfair globalization.Microfinance, a grass-roots movement to provide credit to the neediest, can greatly help to dismantle at … the poorest for financial services is potentially unlimited – while supply is not.The key idea is that if microfinance is …

join in a microfinance system operating on the basis of individual liability credit contract, or on the basis of joint … liability loan contract through forming self-help group or may not participate in any type of microfinance system. This paper … establishes that wealthier among the not so affluent rural household prefers to join microfinance system operating on the basis of …

This study examines the social collateral model for Islamic microfinance in Malaysia. Using qualitative instruments on … academics and officers of microfinance institutions as the sample study, this study identifies the components that should be … included in the social collateral model for Islamic microfinance. Based on interviews and focus group discussions, this study …

The costs and benefits of subsidized microfinance are still a controversial topic. We evaluate how subsidies affect the … cost-efficiency of microfinance institutions (MFIs). At the same time, we account for endogenous self-selection into the … capacity. Our results reveal the redundancy between subsidization and deposit-taking in microfinance. In conclusion, combining …

We evaluate the efficiency of microfinance institutions (MFIs) using a structural approach which also captures these …

Motivated by recent controversies surrounding the role of commercial lenders in microfinance, and calls for regulation …

illiquid and liquid savings accounts – is higher in commercial banks than in microfinance institutions. One possible …

illiquid and liquid savings accounts—is higher in commercial banks than in microfinance institutions. One possible …