The Triangle Of Microfinance

Author : Manfred Zeller,Richard L. Meyer
Publisher : Intl Food Policy Res Inst
Page : 399 pages
File Size : 42,7 Mb
Release : 2002-01-01
Category : Business & Economics
ISBN : 9780801872266

Get Book

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 : Hege Gulli
Publisher : IDB
Page : 134 pages
File Size : 48,5 Mb
Release : 1998
Category : Business & Economics
ISBN : 1886938458

Get Book

Microfinance and Poverty by Hege Gulli Pdf

Author : David Hulme,Thankom Arun
Publisher : Routledge
Page : 395 pages
File Size : 55,9 Mb
Release : 2009-01-13
Category : Business & Economics
ISBN : 9781134187072

Get Book

Microfinance by David Hulme,Thankom Arun Pdf

Microfinance has become an important component of development, poverty reduction and economic regeneration strategy around the world. By the early twenty first century tens of millions of people in more than 100 countries were accessing services from formal and semi-formal microfinance institutions (MFIs). Much of the initial attention on microcredit came through work on Bangladesh’s much-lauded Grameen Bank but, there are now many different ‘models’ for microfinance and many countries have substantial microfinance sectors. This timely book, written by one of the major players in the UK in development economics explores, amongst others, topics such as: microfinance and poverty reduction microfinance, gender and social development microinsurance regulating and supervising microfinance institutions. Topical and insightful, this important text examines what has become a vast global industry employing hundreds of thousands of people and attracting the attention of large numbers of governments, banks, aid agencies, non-governmental organizations and consultancy firms.

Author : Jivanta Schottli,Himanshu Jha
Publisher : Taylor & Francis
Page : 138 pages
File Size : 50,5 Mb
Release : 2023-06-27
Category : Political Science
ISBN : 9781000897142

Get Book

Globalization and Governance in India by Jivanta Schottli,Himanshu Jha Pdf

This volume examines the tangled relationship between globalization and governance through the lens of India’s domestic politics, structures, institutions and policies. The contributors to this volume draw attention to the interconnectedness of global and domestic processes. In doing so, this volume also captures the evolving dynamics of state-society-market relations. A unique blend of papers, the collection brings out the complex interplay and interconnections between global trends, domestic politics and governance challenges in explaining both the persistence of policy reforms, as well as institutional change. In this light, the volume examines the role of socio-political processes and key actors at the domestic level; how they have negotiated global norms, pressures and opportunities resulting in durable policies and institutions. The COVID-19 pandemic has yet again brought the focus back to the significance and interconnectedness of globalization and governance. This volume will contribute to a deeper understanding of these twin processes through thematic discussions on embedded liberalism of the Indian state; transnationalisation of India’s economic elites; exploring the role of global-local linkages in the transparency laws; strategic internationalization and the politics of reform; the global success of micro-credit and its domestic manifestation; and the resilience and durability of the ‘Indian way' of governing globalization. This book was originally published as a special issue of the India Review.

Author : Julian Schmied
Publisher : Universitätsverlag Potsdam
Page : 70 pages
File Size : 55,8 Mb
Release : 2014-12-01
Category : Electronic
ISBN : 9783869562759

Get Book

Financial Performance and Social Goals of Microfinance Institutions by Julian Schmied Pdf

Critics argue that there has been a trend among Microfinance Institutions (MFI) to focus on profitability in order to stay financially sustainable. This made some institutions neglect the social mission of microfinancing. In this paper I intend to examine if empirical evidence supports this so called mission drift hypothesis as well as other claims in this context. Using the global panel data set of the MIX (Microfinance Information Exchange), which gathers from 1995 to 2010 and contains up to 1400 institutions with a high variety of organizational forms, I was able to identify a world-wide mission drift effect in their social goal of reaching out the poorest part of the population. Furthermore, I find that, on average, the outreach of an MFI has a significant negative influence on its short and long term financial performance. Despite that, I eventually proved that the probability that an MFI worsens its social performance substantially increases if its profitability has decreased in the previous years.

Author : Sam Daley-Harris
Publisher : Unknown
Page : 356 pages
File Size : 42,9 Mb
Release : 2002
Category : Financial institutions
ISBN : UCSC:32106017195774

Get Book

Pathways Out of Poverty by Sam Daley-Harris Pdf

Microfinance is a key intervention in helping families in developing countries move out of poverty. The Microedit Summit Campaign works to promote microfinance, with the aim of reaching 100 million families by 2005. This book challenges conventional wisdoms and explores the Campaign's core themes.

Author : Susan Johnson,Ben Rogaly
Publisher : Oxfam
Page : 148 pages
File Size : 46,8 Mb
Release : 1997
Category : Business & Economics
ISBN : 0855983698

Get Book

Microfinance and Poverty Reduction by Susan Johnson,Ben Rogaly Pdf

The book emphasizes the importance of studying the local context, and then considering the macroeconomic factors which may be operating upon the economy of a particular country. Five extended case studies, in the Gambia, Ecuador, Mexico, Pakistan, and the UK are examined with reference to further aspects of sustainability and impact assessment.

Author : Md Aslam Mia
Publisher : Springer Nature
Page : 180 pages
File Size : 55,8 Mb
Release : 2022-03-07
Category : Business & Economics
ISBN : 9789811902178

Get Book

Social Purpose, Commercialization, and Innovations in Microfinance by Md Aslam Mia Pdf

This book analyses three key aspects of microfinancing, namely social purpose, commercialization and innovations and examines, through a global perspective, how these aspects helped and diverted microfinance institutions towards the attainment of their dual goals over the last twenty years. Since microfinance remains informal in nature for most economies, not all financial innovations are suitable for its needs. Hence, the arguments in the book put forth an important challenge to the advocates of innovations and subsequently highlight why MFIs should be cautious when integrating innovations to ensure its original promise. The book is based on empirical analysis by utilising the latest and global microfinance market data, rather than focusing on a specific region. Thus, the book bridges a gap in knowledge by unravelling detail of the social purpose, commercialization and innovations within the field of microfinance and will be a valuable resource for those exploring the dynamics of innovations in microfinance.

Author : Jude L. Fernando
Publisher : Routledge
Page : 226 pages
File Size : 40,8 Mb
Release : 2004-08-02
Category : Business & Economics
ISBN : 9781134333318

Get Book

Microfinance by Jude L. Fernando Pdf

Microfinance is defined as the financial services offered to the poor for the purpose of promoting small-scale enterprises, and as such it is one of the most important topics in development studies and a burgeoning area in economics. This volume provides a much-needed historical, political and economic dimension to the current knowledge on microfinance. Collectively, the contributors chart the relationship between the prevailing popularity of microfinance and the consolidation of neoliberal economic ideology worldwide. They demonstrate how microfinance, as a market-friendly approach to development, coincides with the global trend towards diminishing the role of the state in economic development, basic healthcare, education and welfare. The articles in the volume focus on the empirical analyses of the experience of microfinance in women’s everyday lives, but rejects the connection between microfinance and women’s empowerment so often imputed in literature. This book offers regional, cultural and other explanations for variable assessments of microfinance and empowerment. It fills a huge gap in published microfinance literature and will be of great interest to postgraduates and professionals in the fields of economics, international finance and banking.

Author : Mwangi S. Kimenyi,Robert C. Wieland
Publisher : Routledge
Page : 243 pages
File Size : 50,7 Mb
Release : 2019-05-23
Category : Business & Economics
ISBN : 9780429791369

Get Book

Strategic Issues in Microfinance by Mwangi S. Kimenyi,Robert C. Wieland Pdf

First published in 1998, this collection of essays by eminent microfinance practitioners provides a range of perspectives on contemporary issues in the field. Different approaches are proposed for achieving improved access by the poor to financial services. The common denominator in these essays is financial sustainability for the service provider. Issues addressed include: is savings mobilization integral to microfinance and, if so, how should it be incorporated in new programs? Are borrower groups a necessary element of successful microfinance programs? Are NGOs the right institutional vehicle for sustainable microfinance interventions? Is standardized and generalizable microfinance credit rating system feasible? While there is considerable diversity in the approaches recommended in these essays, the importance of cost efficiency and cost recovery forms the basis for most of the discussions.

Author : James H. Carr,Zhong Yi Tong
Publisher : Woodrow Wilson Center Press
Page : 401 pages
File Size : 42,9 Mb
Release : 2002-06-28
Category : Business & Economics
ISBN : 9781930365100

Get Book

Replicating Microfinance in the United States by James H. Carr,Zhong Yi Tong Pdf

Microfinance was pioneered in the developing world as the lending of small amounts of money to entrepreneurs who lacked the kinds of credentials and collateral demanded by banks. Similar practices spread from the developing to the developed world, reversing the usual direction of innovation, and today several hundred microfinance institutions are operating in the United States. Replicating Microfinace in the United States reviews experiences in both developing and industrialized countries and extends the applications of microlending beyond enterprise to consumer finance, housing finance, and community development finance, concentrating especially on previously underserved households and their communities.

Author : Leire San-Jose,José Luis Retolaza,Luc van Liedekerke
Publisher : Unknown
Page : 600 pages
File Size : 51,9 Mb
Release : 2019
Category : Accounting
ISBN : 303000001X

Get Book

Handbook on Ethics in Finance by Leire San-Jose,José Luis Retolaza,Luc van Liedekerke Pdf

Author : Nadiya Marakkath
Publisher : Springer Science & Business Media
Page : 166 pages
File Size : 55,8 Mb
Release : 2013-10-23
Category : Business & Economics
ISBN : 9788132216292

Get Book

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 : Hanna Kattilakoski
Publisher : GRIN Verlag
Page : 6 pages
File Size : 45,5 Mb
Release : 2020-06-23
Category : Business & Economics
ISBN : 9783346187956

Get Book

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 : Doris Köhn
Publisher : Springer
Page : 199 pages
File Size : 46,6 Mb
Release : 2013-12-02
Category : Business & Economics
ISBN : 9783642417047

Get Book

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.