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We evaluate the efficiency of microfinance institutions (MFIs) using a structural approach which also captures these …
Persistent link: https://www.econbiz.de/10012976279
customarily invoked to promote the transformation of credit-only microfinance institutions (MFIs) into integrated loans …-and-savings entities. To ensure robust inference, we estimate scope economies for the microfinance industry using a novel approach which … dataset. Unlike earlier studies, we do not find prevalent scope economies in the microfinance industry. We find that the …
Persistent link: https://www.econbiz.de/10012916384
This article presents several theories of financial inclusion. Financial inclusion is the ease of access to, and the availability of, basic financial services to all members of the population. Financial inclusion means that individuals and businesses have access to useful and affordable...
Persistent link: https://www.econbiz.de/10012842980
years after microfinance–an intervention commonly believed to lower the cost of credit and spark business creation … “gung-ho entrepreneurs” (GEs)–those who started a business before microfinance entered–more access to microfinance. Notably …, these effects persist two years after microfinance was withdrawn from Hyderabad. However, any persistent benefits to …
Persistent link: https://www.econbiz.de/10012852837
Microlending, where a bank lends to a small group of people without credit histories, began with the Grameen Bank in Bangladesh, and is widely seen as the creation of Muhammad Yunus, who received the Nobel Peace Prize in recognition of his largely successful efforts. Since that time the model of...
Persistent link: https://www.econbiz.de/10012831799
A Bayesian Spatial-Propensity Score Matching estimator is proposed to measure the regional impact of micro finance on poverty reduction and women's empowerment. The impact of micro finance in Bolivia was tested with this estimator, using census and household survey data. The results suggest that...
Persistent link: https://www.econbiz.de/10012930778
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 …
Persistent link: https://www.econbiz.de/10012959918
-adding technology, levered by microfinance, may then be sequentially added to the development paradigm. To the extent that technology … and microfinance can be suitably combined, they may lever scalable productivity, in a way similar to Metcalfe …
Persistent link: https://www.econbiz.de/10013017005
This article advocates a new addition to the theories of financial inclusion which is the institutional theory of financial inclusion. The case for a new theory arises from the role of institutions or non-market structures in influencing the level of financial inclusion. Postulating an...
Persistent link: https://www.econbiz.de/10014258502
This paper aims at locating the practice of micro-credit system into a larger theoretical canvas of economic theory and philosophy. A systems theoretic approach has been adopted. Emergence of the ‘excluded' class has been explained with the help of the theory of feedback. Individuals have been...
Persistent link: https://www.econbiz.de/10013044043