The existing theoretical analysis of microfinance focuses on the nature of the loan contract such as group liability … generation' debates in microfinance. Our analysis helps explain a number puzzles in microfinance such as (i) high repayment rates …

Over the last 35 years, microfinance has been generally regarded as an effective policy tool in the fight against … address this question, we conduct a systematic review of the quantitative literature of microfinance's impacts in the … the limited comparability of outcomes and the heterogeneity of microfinance-lending technologies, together with a …

Microfinance institutions (MFIs) work towards financial inclusion, livelihood sustainability through micro …

. While microfinance is supposed to address this problem through the promotion of viable businesses, it has not been very … microfinance institutions (MFIs), there have been very few that look at market conditions as an input into the success of micro …

This mimeo discusses the relative significance of Microfinance to the poor in developed Economies. We analyse different … vehicles of microfinance to the poor in less developed Countries (LDCs hereafter). The analysis also covers a global overview … for Microfinance activity, and the dominant factors leading to the malfunction of credit lending in the LDCs and its …

This study examines the exposure of microfinance institutions to liquidity, interest rate and foreign exchange (FX … the largest microfinance institutions worldwide. The data suggests that microfinance institutions in the sample, on …

This paper analyses the welfare effects of microfinance and inflation in developing countries. Therefore, we introduce … microfinance institution induces peer monitoring, which in turn enables entrepreneurship. Our main result is that there exists an … inflation threshold beyond which entrepreneurship collapses. We show that inflation affects the impact of microfinance on social …

The microfinance industry carries every sign of an innovation in its take-off phase. The various aspects of the … microfinance innovation were developed in the 1980's, twenty years later the industry experiences a phenomenal growth rate, and it … has diffused to most developing countries in the world. This review paper looks at microfinance as an entrepreneurial …