Microfinance: Does It Hold Its Promises? A Survey of Recent Literature

This paper describes some of the main aspects of microfinance (MF) in under-developed countries, showing why it has succeeded in reaching the poor, while traditional banks have not, using innovative devices such as group lending with self-monitoring, short repayments instalments and small loans. The aim of the paper is to show how microfinance institutions (MFIs) can fill the lack of traditional banks in under-developed countries, proposing unconventional products and innovative business models. This study also investigates about possible synergies between banks and MFIs, avoiding overlaps and mission drift. It is shown that MFIs can improve their outreach using technological devices such as M-banking. Innovative questions and proposals are illustrated, so as to give an updated and synthetic picture of the state-of-the-art, which might prove useful for researchers and practitioners.

show abstract

The Bottom Of The Pyramid: Key Roles For Businesses

Habib

Żurawicki

2010

JBER

View full text Add to dashboard Cite

The poor at the Bottom of the Pyramid (BOP) has traditionally been viewed as an unattractive segment for businesses. The lack of interest has led to various proposals to increase company participation. At the same time there is also a renewed focus on how to reduce or eliminate poverty. Companies are asked to seriously consider both objectives: making a profitable operation and eradicating poverty. For businesses, the poor can be viewed as consumers, suppliers, and employees.  Each of these areas presents different challenges which are discussed. Finally, recommendations are presented to address the issues and to make the companies more effective.

show abstract

Microfinance: Does It Hold Its Promises? A Survey of Recent Literature

Cited by 6 publications

References 13 publications

Life cycle theory and financial sustainability of selected SADC microfinance institutions (MFIs)

Life cycle theory and financial sustainability of selected SADC microfinance institutions (MFIs)

Microfinance vs. traditional banking in developing countries

The Bottom Of The Pyramid: Key Roles For Businesses

Contact Info

Product

Resources

About