Sustainability Of Indian Microfinance Institutions

Author : Nadiya Marakkath
Publisher : Springer Science & Business Media
Page : 179 pages
File Size : 44,6 Mb
Release : 2013-10-23
Category : Business & Economics
ISBN : 9788132216292

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Sustainability of Indian Microfinance Institutions by Nadiya Marakkath Pdf

Although 'doing good' is our innate nature, we often get lost in the complexities and view goodness as a distant dream. Making this dream of goodness a reality is often thwarted by thoughts surrounding sustainability. Thus, all good initiatives require a focus on sustainability and this has become one of greatest and most formidable challenges faced by any social enterprise. The book documents the understanding of the sustainability of one of the most celebrated forms of social enterprise of our times — Microfinance Institutions (MFIs) gained through a mixed-methods research investigation. It attempts to answer pertinent questions such as: What are the determinant and discriminating factors for the sustainability of MFIs in India? How are these factors being managed by the operationally efficient Indian MFIs that remained sustainable at reasonable interest rates before the onset of the crisis and ceilings imposition in Indian microfinance markets? What does the Indian microfinance crisis teach us about sustainability management and mismanagement? In a nutshell, the answers show that sustainability is a strategic issue that needs managerial attention and not a matter to be left to serendipity. At a time when the industry is recovering from the adverse effects of a crisis and when there are still contentions as to whether the rate fixed by the regulator is enough for the sustenance of the MFIs, the findings mentioned in the book revive the lost hope for the Indian microfinance industry. By deciphering the strategies used by efficient and sustainable MFIs and discussing the lessons that the crisis has imparted to the Indian microfinance markets, this book will enable Indian MFIs to march towards efficient and sustainable operations without losing focus on their clients.

Author : Manfred Zeller,Richard L. Meyer
Publisher : Intl Food Policy Res Inst
Page : 426 pages
File Size : 40,9 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 9780801872266

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The Triangle of Microfinance by Manfred Zeller,Richard L. Meyer Pdf

Since the 1980s when the microfinance revolution began, much has been accomplished, but the field became more refined in the 1990s as a result of shifts in paradigms, strategies, and development practices. This volume addresses the three policy objectives that now occupy those who wish to use credit as a development tool: financial sustainability of microfinance institutions, outreach to the poor, and welfare impact. Inevitable tradeoffs exist among these objectives, and the book advances an analytical framework that assists students of and experts in microfinance to identify the tradeoffs and synergies at the institutional level and in the policy environment. The book features a wealth of empirical data and innovative analytical studies, and critically discusses the role of public support for microfinance institutions (MFIs) in light of the social costs and benefits generated by such financial systems. The book is organized into five parts. The first discusses the demand for and access to financial services by the poor, emphasizing that demand-oriented, pro-poor financial services are crucial in reaching the poor. The second is concerned with two of the criteria used to evaluate MFIs—outreach and financial sustainability. The third features innovative econometric studies seeking to evaluate the impact of MFIs at the household level. The fourth looks at the role of both public- and private-sector institutions in developing sustainable financial systems. And the fifth summarizes implications for policy and research. Given the lack of sound, empirical literature on microfinance, this volume is sure to advance knowledge and research methodology in the field.

Author : Doris Köhn
Publisher : Springer
Page : 199 pages
File Size : 48,8 Mb
Release : 2013-12-02
Category : Business & Economics
ISBN : 9783642417047

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Microfinance 3.0 by Doris Köhn Pdf

This book focuses on the achievements, current trends and further potential of microfinance to scale-up and serve many more clients with financial services that enable them to improve their living conditions. The book asks what it takes to achieve sustainable impact: to know your clients and to understand their needs, to treat them in a fair and transparent way, and to safeguard the synthesis between the financial and social dimension of sustainable microfinance. The book also sheds light on the future funding landscape and what is necessary to bring more commercial funders on board while ensuring that these new funders will continue the commitment to responsible finance. While being forward looking, the book reflects the debate on core values of microfinance, triggered by recent criticisms of an approach that was hailed as a panacea in the beginning and which had proved over time as one of the most effective models of development finance. These criticisms emerged over signs of overheating in some markets, particularly the 2010 events in Andhra Pradesh, and turned into an assumption of a worldwide microfinance crisis, putting seriously at stake the good reputation microfinance had enjoyed so far.

Author : Malcolm Harper
Publisher : Unknown
Page : 286 pages
File Size : 46,5 Mb
Release : 2012
Category : Financial services industry
ISBN : 8132110080

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Whose Sustainability Counts? by Malcolm Harper Pdf

"Several recent events have undermined confidence in microfinance and microfinance institutions (MFIs). They range from the collapse of the microfinance industry in Andhra Pradesh, to the Bangladesh government s dismissal of Grameen Bank President Muhammad Yunus, Nobel Prize winner and venerated father of microcredit, to the increasing publicity about micro-loan debt bondage and debt-induced suicides of MFI clients in the subcontinent. What do these crises signify for the future of microfinance? Are the basic principles of finance for the poor salvageable? Can the model be improved?From its inception in 1996, BASIX one of the largest microfinance institutions in India has realized that focusing solely on loans will not improve the lives of its poor clients. Recognizing that the complex problems of poverty require complex solutions, it has melded financial services with livelihood development and institutional sustainability to achieve its goals, all the while maintaining impeccable ethical standards and practices of social inclusion that give voice to the poor who rely on the financial services BASIX provides them. Malcolm Harper cuts through the cynicism and disillusionment about microfinance with his account of BASIX to show how the organization offers pathways for a revamped MFI of the future, one that responds to poor clients diverse needs equitably and effectively"--Back cover.

Author : Ambika Prasad Pati
Publisher : Gyan Publishing House
Page : 300 pages
File Size : 47,9 Mb
Release : 2009
Category : Microfinance
ISBN : 8121210437

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Financial Sustainability of Micro Financing by Ambika Prasad Pati Pdf

Study conducted in Meghalaya, India.

Author : Ajai Nair
Publisher : World Bank Publications
Page : 46 pages
File Size : 40,9 Mb
Release : 2005
Category : Microfinance
ISBN : 8210379456XXX

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Sustainability of Microfinance Self Help Groups in India by Ajai Nair Pdf

The major form of microfinance in India is that based on women's Self Help Groups (SHGs), which are small groups of 10--20 members. These groups collect savings from their members and provide loans to them. However, unlike most accumulating savings and credit associations (ASCAs) found in several countries, these groups also obtain loans from banks and on-lend them to their members. By 2003, over 700,000 groups had obtained over Rs.20 billion (US$425 million) in loans from banks benefiting more than 10 million people. Delinquencies on these loans are reported to be less than 5 percent. Savings in these groups is estimated to be at least Rs.8 billion (US$170 million). Despite these considerable achievements, sustainability of the SHGs has been suspect because several essential services required by the SHGs are provided free or at a significantly subsidized cost by organizations that have developed these groups. A few promoter organizations have, however, developed federations of SHGs that provide these services and others that SHG members need, but which SHGs cannot feasibly provide. Using a case study approach, Nair explores the merits and constraints of federating. Three SHG federations that provide a wide range of services are studied. The findings suggest that federations could help SHGs become institutionally and financially sustainable because they provide the economies of scale that reduce transaction costs and make the provision of these services viable. But their sustainability is constrained by several factors--both internal, related to the federations themselves, and external, related to the other stakeholders. The author concludes by recommending some actions to address these constraints. This paper--a product of the Finance and Private Sector Development Unit, South Asia Region--is part of a larger effort in the region to study access to finance in India.

Author : Hanna Kattilakoski
Publisher : GRIN Verlag
Page : 6 pages
File Size : 46,5 Mb
Release : 2020-06-23
Category : Business & Economics
ISBN : 9783346187956

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Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa by Hanna Kattilakoski Pdf

Presentation slides from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 90, Cologne Business School Köln, language: English, abstract: What factors influence the financial sustainability of microfinance institutions in Sub-Saharan Africa?

Author : Gunindra Nath Sarmah
Publisher : Unknown
Page : 346 pages
File Size : 42,7 Mb
Release : 2013
Category : Microfinance
ISBN : 8131104516

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Microfinance and Sustainable Development in North East India by Gunindra Nath Sarmah Pdf

Author : Frances Sinha
Publisher : Unknown
Page : 196 pages
File Size : 52,8 Mb
Release : 2009
Category : Cooperative societies
ISBN : UOM:39076002877517

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Microfinance Self Help Groups in India by Frances Sinha Pdf

Discusses the role of the groups in encouraging rural women to become active in village affairs and benefits for the poorest. Examines the groups' financial management and financial performance. Considers implications for Indian microfinance and the global growth of the sector.

Author : Milford Bateman
Publisher : Kumarian Press
Page : 289 pages
File Size : 48,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9781565494374

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Confronting Microfinance by Milford Bateman Pdf

Incorporates global perspective but focuses on southeastern Europe, a key arena for microfinance and microcredit programs --

Author : Das, Ramesh Chandra
Publisher : IGI Global
Page : 385 pages
File Size : 45,7 Mb
Release : 2018-06-15
Category : Business & Economics
ISBN : 9781522552147

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Microfinance and Its Impact on Entrepreneurial Development, Sustainability, and Inclusive Growth by Das, Ramesh Chandra Pdf

Microfinance is a broad variety of services, such as microcredit, for entrepreneurs and small businesses lacking access to banking and other financial services. As many smaller businesses and entrepreneurs may not be able to secure credit services, many microfinance promoters believe that it encourages entrepreneurial activities and inclusive growth. Microfinance and Its Impact on Entrepreneurial Development, Sustainability, and Inclusive Growth is an essential resource that empirically explores the role of microfinance in entrepreneurship development and the operational sustainability of microfinance institutions. It also highlights the impact of microfinance on entrepreneurship development in different countries and regions. Featuring coverage on a broad range of topics such as risk management, women entrepreneurship, and strategic management, this book provides essential research for entrepreneurs, business managers, policy makers, researchers in the field of finance, and business professionals seeking relevant research on microfinance systems.

Author : Md Nazim Uddin
Publisher : Springer Nature
Page : 326 pages
File Size : 50,5 Mb
Release : 2024-06-18
Category : Electronic
ISBN : 9789819705344

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Role of Governance in Microfinance Sustainability by Md Nazim Uddin Pdf

Author : Marguerite Robinson
Publisher : World Bank Publications
Page : 358 pages
File Size : 47,7 Mb
Release : 2001-06-01
Category : Business & Economics
ISBN : 9780821383384

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The Microfinance Revolution by Marguerite Robinson Pdf

Around the world, a revolution is occurring in finance for low-income people. The microfinance revolution is delivering financial services to the economically active poor on a large scale through competing, financially self-sufficient institutions. In a few countries this has already happened; in others it is under way. The emerging microfinance industry has profound implications for social and economic development. For the first time in history, capital is well on its way to being democratized. 'The Microfinance Revolution', in three volumes, is aimed at a diverse readership - economists, bankers, policymakers, donors, and social scientists; microfinance practitioners and specialists in local finance and rural and urban development; and members of the general public interested in development. This first volume, 'Sustainable Finance for the Poor', focuses on the shift from government- and donor-subsidized credit systems to self-sufficient microfinance institutions providing voluntary savings and credit services.

Author : Hanna Kattilakoski
Publisher : GRIN Verlag
Page : 103 pages
File Size : 44,9 Mb
Release : 2020-08-05
Category : Business & Economics
ISBN : 9783346219473

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The Financial Sustainability of Micro-Finance Institutions in Sub-Saharan Africa by Hanna Kattilakoski Pdf

Master's Thesis from the year 2018 in the subject Business economics - Investment and Finance, grade: 90.0, Cologne Business School Köln, language: English, abstract: The aim of this study is to understand the factors that drive financial sustainability in microfinance institutions. To accomplish this, several indicators for operational self-sufficiency (OSS) were investigated through correlation and regression analysis. The results indicate that the drivers for operational self-sufficiency include return on assets, number of active borrowers and profit margin. The analysis also showed that in terms of OSS and profitability, there is little difference between for-profit and non-profit organizations. To increase operational self-sufficiency institutions should increase return on asserts, the number of active borrowers and their profit margin. The results support the profit-incentive theory and the financial systems approach. These results indicate that to achieve financial sustainability MFIs should focus on covering operating expenses through earned revenues. Therefore, MFI structure should encourage cost-oriented management. Additionally, findings from this study revealed that there may not be a large tradeoff in efficiency and outreach. Results showed that operationally self-sufficient MFIs actually have a larger outreach than non-self-sufficient organizations. Limitations for this study include that the regression only explains the variables affecting OSS with 26 % certainty and other variables not tested may also be factors

Author : Douglas Cumming,Yizhe Dong,Wenxuan Hou,Binayak Sen
Publisher : Springer
Page : 224 pages
File Size : 47,6 Mb
Release : 2017-09-28
Category : Business & Economics
ISBN : 9783319621111

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Microfinance for Entrepreneurial Development by Douglas Cumming,Yizhe Dong,Wenxuan Hou,Binayak Sen Pdf

This edited collection presents recent developments, practical innovations, and policy reforms in the realm of microfinance in emerging markets. Microfinance has been hotly debated by ever-colliding camps of ardent supporters, who believe that microfinance addresses credit market failures and provides a durable answer to the problem of the poverty, and staunch critics, who argue that lending by microfinance institutions is wasteful, and the interest rates are too high. To bring further insight into this important debate, this book presents comprehensive historical, political, and economic perspectives on the latest issues in microfinance. An impressive array of scholars and practitioners build a framework for thinking about regulation to drive sustainable, inclusive development. With case studies of programs in India, Ghana, and Bangladesh, and examinations of the effects of gender and religion on financial decision-making, this comprehensive collection offers something valuable to scholars, policymakers, and practitioners—anyone with a vested interest in promoting innovation in microfinance.