Microfinance a comprehensive review of the existing literature
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This article introduces the concept of microfinance and mfis to the academic finance womens community through a review of over 350 articles. Microfinance has existed since the rise of formal financial systems. It addresses six key areas of microfinance, namely: Self-sufficiency and sustainability of mfis; mfi products and services; Best practices in mfi management; Client targeting, specifically, gender targeting and poverty targeting; Microfinance as a poverty alleviation strategy, and regulatory environment; Assessing social impact of microfinance. The article states that assistant though the core elements of microfinance are based on the finance discipline, microfinance has not yet broken into mainstream or entrepreneurial finance literature. The article identifies key topics within each area and discusses relevant peer-reviewed articles, focusing on issues important to the academic finance community. It concludes by stating that microfinance offers the finance discipline a possible avenue to make a difference in the lives of the poor.
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This article introduces the concept of microfinance and mfis to the academic finance community through a review of over 350 articles. Microfinance has existed since. Although the word finance is in the term microfinance, and the core elements of microfinance are those of the finance discipline, microfinance has yet. Download Presentation PowerPoint Slideshow about microfinance : a, comprehensive, review of the, existing, literature and an Outline for Future financial Research.
Microfinance: a, comprehensive review of the, existing. The microfinance sector in vietnam is appealing for study. Brau j, woller gm (2004). Microfinance: A comprehensive review of the existing literature.