Microfinance has been proven to be a tool to alleviate poverty from the face of earth. In the past two decades it has emerged as an industry to cater to the financial need of the poor whom banks ...
PDF A Critical Literature Survey
The boundaries, colors, denominations, and other information shown on any map in this work do not imply on the part of the World Bank any judgment of the legal status of any territory or the endorsement or acceptance of such boundaries. ISBN-10: 1-60244-261-4 ISBN-13: 978-1-60244-261-. Contact: IEG Communication, Learning and Strategies (IEGCS ...
Determinants of The Performance of Microfinance Institutions: a
The review shows that the most important determinants addressed in the literature are MFI characteristics (size, age and type of organization), their funding sources, the quality of organizational governance and the MFIs' external context such as macro-economic, institutional and political conditions. The evidence on these issues is rather mixed.
PDF Microfinance and Social Development: A Selective Literature Review
microfinance can promote gender equality in the household and society, resulting in enormous development payoffs. Microcredit may also increase women's bargaining power within the. household (Armendàriz and Morduch 2010), enhancing their self-confidence, role in decision-making, quality of life, and income.
Revisiting efficiency of microfinance institutions (MFIs): an
2. Literature review. Efficiency in microfinance refers to the ability of MFIs to transform inputs into outputs by either maximizing outputs with given inputs, or minimizing inputs with given outputs; which has become a subject of discussion lately (Balkenhol, Citation 2007).With the increasing number of MFIs now reaching the poor globally, it becomes imperative to understand the dynamics of ...
Review article Impact of competition on microfinance institutions
A detailed systematic literature review on the impact of competition on MFIs was conducted, followed by analyses of the research prospects regarding this topic. MFIs compete with other MFIs and financial institutions. ... An explanation for this failure is the inability of commercial banks to adapt to microfinance needs. However, poverty ...
Microfinance institutions, banking, growth and ...
Literature review. Many researchers have focused on the impact of MFIs on economic development. We will see the theoretical work in a first part and the empirical work in a second part. ... According to Servet (2015), a report from Microfinance Equity Bank (publicly traded) shows that 30.43% of the total outstanding credit is for consumption, ...
Does microfinance foster the development of its clients ...
This paper conducts a scientometric analysis and systematic literature review to identify the trends in microfinance outcomes from the perspective of their recipients, specifically more vulnerable people, while also focusing on the demand side. Applying the keywords "co-occurrence networks" and "citation networks," we examined 524 studies indexed on the ISI Web of Science database ...
PDF Microfinance and Economic Development
Microfinance was first trumpeted as a way to unleash the productive capacities of poor people dependent on self-employment (e.g., Hulme and Mosley 1996). The idea was straightforward: microfinance would transform customers' businesses by providing capital; that would increase borrowers' earnings and ultimately eliminate poverty (Yunus 2016).
Microfinance: A Comprehensive Review of the Existing Literature
Provo, UT 84602. [email protected]. phone: 801.422.1770. Abstract. Although the word finance is in the term microfinance, and the core elements of. microfinance are those of the finance discipli ne ...
Microfinance: an overview
The journal issue does not aim for a general review of the microfinance literature; there are several recent reviews that describe the trajectory of academic debates on microfinance ... Cull et al. find that subsidies are substantial—a median subsidy of US$215 per borrower for commercial microfinance banks, and a median of US$51 for NGOs ...
Open Knowledge Repository
2015-11-22. Author(s) Beck, Thorsten. TweetLikeShare. Abstract. This paper offers a critical survey of the microfinance literature of the past 10 years. It reviews studies on the effectiveness of different microfinance techniques and offers a critical assessment of the impact literature of microfinance. The literature so far suggests moderate ...
Poverty literature review : microfinance and poverty reduction
Poverty literature review : microfinance and poverty reduction. Global data and statistics, research and publications, and topics in poverty and development. The World Bank's digital platform for live-streaming. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique ...
Impact of Financial Risk on The Financial Performance of Microfinance
We have collected data from the Doing Business project of the World Bank and audited financial statements of 52 Asian non-banking microfinance institutions for the period of 2012-2016.
The impact of financial and social performance of microfinance
1. Introduction. As a result of incapacity of development and traditional banks to effectively finance the low-income population of the world, microfinance seems like a continuum between pure capitalism and socialism economies (World Bank, Citation 2008). In the literature, microfinance institutions (MFIs) seem to be understood as financial organizations engaged primarily in the business of ...
PDF Microfinance Governance: A Systematic Review and Future Research Directions
Sustainable microfinance: a review Literature review No precise theory The findings of the review indicate that there is a paucity of explained literature on MFIs sustainability, defined by economic, social, environmental and governance (ESEG) dimensions. Accordingly, the study proposes a future research agenda.
Sustainable banking: A literature review and ...
For example, Gutiérrez-Nieto and Serrano-Cinca (2019) review the microfinance literature, Fabregat-Aibar et al. (2019) analyze socially responsible funds, and Zhang et al. (2019) and Sarma and Roy (2020) examine the green banking. However, a comprehensive review that organizes the literature of sustainable banking as a research field is absent.
(Pdf) Microfinance: a Comprehensive Review of Concepts, History and
The historical evolution, marked by the 1980s turning point with institutions like Grameen Bank, and global recognition through initiatives like the Microcredit Summit and the UN's 2005 declaration, underscore the growing importance of microfinance in development. The literature identifies various Microfinance Institution (MFI) models, such as ...
PDF The Microfinance Impact on Women Empowerment: Review of Literature
microfinance remains a subject of widespread examination and discourse. This paper undertakes a review of existing literature concerning the impact of microfinance on women's empowerment in the context of India. It explores both favorable and unfavorable evidence while addressing the challenges associated with women's empowerment.
Review 20 years of research in microfinance: An information management
This paper reviews the recent literature on microfinance research has grown exponentially in the last 20 years. The paper has analyzed 1874 papers from the Web of Science database, from 1997 to 2017, focusing on the top 5% (94) of most-cited papers. The approach is scientometric, analyzing the keyword co-occurrence and links between citations ...
PDF Microfinance: A review of the literature
microfinance remains a development tool to help low income earners do better. We subsequently propose a working definition of "microfinance". Objective(s): The objective of this paper is to review the literature as it regards the 'microfinance' concept and consider certain environmental influences such as financialization,
PDF Microsoft Word
Microcredit and microfinance are relatively new terms in the field of development, first coming to prominence in the 1970s, according to Robinson (2001) and Otero (1999). Prior to then, from the 1950s through to the 1970s, the provision of financial services by donors or governments was mainly in the form of subsidised rural credit programmes.
Microfinance : a critical literature survey
This paper offers a critical survey of the microfinance literature of the past 10 years. It reviews studies on the effectiveness of different microfinance techniques and . ... the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing ...
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Microfinance has been proven to be a tool to alleviate poverty from the face of earth. In the past two decades it has emerged as an industry to cater to the financial need of the poor whom banks ...
The boundaries, colors, denominations, and other information shown on any map in this work do not imply on the part of the World Bank any judgment of the legal status of any territory or the endorsement or acceptance of such boundaries. ISBN-10: 1-60244-261-4 ISBN-13: 978-1-60244-261-. Contact: IEG Communication, Learning and Strategies (IEGCS ...
The review shows that the most important determinants addressed in the literature are MFI characteristics (size, age and type of organization), their funding sources, the quality of organizational governance and the MFIs' external context such as macro-economic, institutional and political conditions. The evidence on these issues is rather mixed.
microfinance can promote gender equality in the household and society, resulting in enormous development payoffs. Microcredit may also increase women's bargaining power within the. household (Armendàriz and Morduch 2010), enhancing their self-confidence, role in decision-making, quality of life, and income.
2. Literature review. Efficiency in microfinance refers to the ability of MFIs to transform inputs into outputs by either maximizing outputs with given inputs, or minimizing inputs with given outputs; which has become a subject of discussion lately (Balkenhol, Citation 2007).With the increasing number of MFIs now reaching the poor globally, it becomes imperative to understand the dynamics of ...
A detailed systematic literature review on the impact of competition on MFIs was conducted, followed by analyses of the research prospects regarding this topic. MFIs compete with other MFIs and financial institutions. ... An explanation for this failure is the inability of commercial banks to adapt to microfinance needs. However, poverty ...
Literature review. Many researchers have focused on the impact of MFIs on economic development. We will see the theoretical work in a first part and the empirical work in a second part. ... According to Servet (2015), a report from Microfinance Equity Bank (publicly traded) shows that 30.43% of the total outstanding credit is for consumption, ...
This paper conducts a scientometric analysis and systematic literature review to identify the trends in microfinance outcomes from the perspective of their recipients, specifically more vulnerable people, while also focusing on the demand side. Applying the keywords "co-occurrence networks" and "citation networks," we examined 524 studies indexed on the ISI Web of Science database ...
Microfinance was first trumpeted as a way to unleash the productive capacities of poor people dependent on self-employment (e.g., Hulme and Mosley 1996). The idea was straightforward: microfinance would transform customers' businesses by providing capital; that would increase borrowers' earnings and ultimately eliminate poverty (Yunus 2016).
Provo, UT 84602. [email protected]. phone: 801.422.1770. Abstract. Although the word finance is in the term microfinance, and the core elements of. microfinance are those of the finance discipli ne ...
The journal issue does not aim for a general review of the microfinance literature; there are several recent reviews that describe the trajectory of academic debates on microfinance ... Cull et al. find that subsidies are substantial—a median subsidy of US$215 per borrower for commercial microfinance banks, and a median of US$51 for NGOs ...
2015-11-22. Author(s) Beck, Thorsten. TweetLikeShare. Abstract. This paper offers a critical survey of the microfinance literature of the past 10 years. It reviews studies on the effectiveness of different microfinance techniques and offers a critical assessment of the impact literature of microfinance. The literature so far suggests moderate ...
Poverty literature review : microfinance and poverty reduction. Global data and statistics, research and publications, and topics in poverty and development. The World Bank's digital platform for live-streaming. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique ...
We have collected data from the Doing Business project of the World Bank and audited financial statements of 52 Asian non-banking microfinance institutions for the period of 2012-2016.
1. Introduction. As a result of incapacity of development and traditional banks to effectively finance the low-income population of the world, microfinance seems like a continuum between pure capitalism and socialism economies (World Bank, Citation 2008). In the literature, microfinance institutions (MFIs) seem to be understood as financial organizations engaged primarily in the business of ...
Sustainable microfinance: a review Literature review No precise theory The findings of the review indicate that there is a paucity of explained literature on MFIs sustainability, defined by economic, social, environmental and governance (ESEG) dimensions. Accordingly, the study proposes a future research agenda.
For example, Gutiérrez-Nieto and Serrano-Cinca (2019) review the microfinance literature, Fabregat-Aibar et al. (2019) analyze socially responsible funds, and Zhang et al. (2019) and Sarma and Roy (2020) examine the green banking. However, a comprehensive review that organizes the literature of sustainable banking as a research field is absent.
The historical evolution, marked by the 1980s turning point with institutions like Grameen Bank, and global recognition through initiatives like the Microcredit Summit and the UN's 2005 declaration, underscore the growing importance of microfinance in development. The literature identifies various Microfinance Institution (MFI) models, such as ...
microfinance remains a subject of widespread examination and discourse. This paper undertakes a review of existing literature concerning the impact of microfinance on women's empowerment in the context of India. It explores both favorable and unfavorable evidence while addressing the challenges associated with women's empowerment.
This paper reviews the recent literature on microfinance research has grown exponentially in the last 20 years. The paper has analyzed 1874 papers from the Web of Science database, from 1997 to 2017, focusing on the top 5% (94) of most-cited papers. The approach is scientometric, analyzing the keyword co-occurrence and links between citations ...
microfinance remains a development tool to help low income earners do better. We subsequently propose a working definition of "microfinance". Objective(s): The objective of this paper is to review the literature as it regards the 'microfinance' concept and consider certain environmental influences such as financialization,
Microcredit and microfinance are relatively new terms in the field of development, first coming to prominence in the 1970s, according to Robinson (2001) and Otero (1999). Prior to then, from the 1950s through to the 1970s, the provision of financial services by donors or governments was mainly in the form of subsidised rural credit programmes.
This paper offers a critical survey of the microfinance literature of the past 10 years. It reviews studies on the effectiveness of different microfinance techniques and . ... the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing ...