Transforming Economies Through Microfinance In Developing Nations


Transforming Economies Through Microfinance In Developing Nations
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Transforming Economies Through Microfinance In Developing Nations


Transforming Economies Through Microfinance In Developing Nations
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Author : Alhassan, Yahaya
language : en
Publisher: IGI Global
Release Date : 2023-01-20

Transforming Economies Through Microfinance In Developing Nations written by Alhassan, Yahaya and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-20 with Social Science categories.


Following the positive impact of microfinance on poverty reduction, women empowerment, and microenterprise development in some countries in Asia and Africa, a huge amount of time has been devoted by researchers to understanding how this concept can be used as a catalyst for transforming and sustaining the economies of developing and emerging countries. Though there are a few books on the role of microfinance in reducing poverty in developing countries across world, there is no specific book that explores the role of microfinance in transforming and sustaining economies of developing and emerging countries. Transforming Economies Through Microfinance in Developing Nations seeks to explore how the provision of microfinance to individuals and groups can contribute to the economic transformation and sustainability of the economies of developing and emerging countries. Covering key topics such as climate change, entrepreneurship, and rural development, this reference work is ideal for government officials, entrepreneurs, policymakers, researchers, academicians, practitioners, scholars, instructors, and students.



Small Loans Big Dreams


Small Loans Big Dreams
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Author : Alex Counts
language : en
Publisher: John Wiley & Sons
Release Date : 2008-03-31

Small Loans Big Dreams written by Alex Counts and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-03-31 with Business & Economics categories.


Microfinancing is considered one of the most effective strategies in the fight against global poverty. And now, in Small Loans, Big Changes, author Alex Counts reveals how Nobel Prize Winner Muhammad Yunus revolutionized global antipoverty efforts through the development of this approach. This book presents compelling stories of women benefiting from Yunus’s microcredit in rural Bangladesh and urban Chicago, and recounts the experiences of different borrowers in each country, interspersing them with stories of Yunus, his colleagues, and their counterparts in Chicago.



Microfinance In Developing Countries


Microfinance In Developing Countries
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Author : J. Gueyie
language : en
Publisher: Springer
Release Date : 2013-01-17

Microfinance In Developing Countries written by J. Gueyie and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-17 with Business & Economics categories.


Microfinance in developing countries is a collection of studies by leading researchers in the field of microfinance. It discusses key issues that the rapidly growing microfinance industry currently faces, and offers interesting views and analysis of topical matters concerning the microfinance realm.



Promoting Microfinance


Promoting Microfinance
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Author : R. Manos
language : en
Publisher: Springer
Release Date : 2015-12-04

Promoting Microfinance written by R. Manos and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-04 with Business & Economics categories.


Promoting Microfinance brings together essays and empirical work by leading researchers and practitioners in the field of microfinance. It covers key issues currently facing the microfinance industry and provides an overview of the microfinance industry in selected countries/regions, pointing to the direction in which it is heading.



Empowering Women Through Microfinance In Developing Countries


Empowering Women Through Microfinance In Developing Countries
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Author : Alhassan, Yahaya
language : en
Publisher: IGI Global
Release Date : 2023-10-25

Empowering Women Through Microfinance In Developing Countries written by Alhassan, Yahaya and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-10-25 with Business & Economics categories.


Empowering Women Through Microfinance in Developing Countries is a book that explores how microfinance can be used to empower women in developing countries. It provides theoretical and empirical insights from industry experts, experienced researchers, and policymakers on the problems, processes, and prospects of using microfinance as a catalyst for women's empowerment in the developing world. The book covers a range of topics, including the impact of microfinance interventions on women's empowerment, financial inclusion, and women's entrepreneurship, poverty reduction among women, and small and medium-sized enterprise growth. This book addresses the lack of understanding about how microfinance can be used to empower women in developing countries. The insights provided in this book will be valuable for researchers, students, microfinance institutions, policymakers, state institutions, managers, non-governmental organizations, and financial institutions looking to expand their product portfolio and outreach. The book also provides policy directions and rethinking of practice in using microfinance as a strategy for eliminating barriers to women's empowerment in developing countries.



Microfinance And Sustainable Development In Africa


Microfinance And Sustainable Development In Africa
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Author : Alhassan, Yahaya
language : en
Publisher: IGI Global
Release Date : 2021-12-10

Microfinance And Sustainable Development In Africa written by Alhassan, Yahaya and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-10 with Business & Economics categories.


The use of microfinance for poverty reduction and economic development in the developing world is growing. However, this concept needs to be expanded to ensure its successful application for achieving longer-term economic growth and sustainability in developing countries, particularly in parts of the world such as Africa. As such, further research into the relationship between microfinance and sustainable development in developing regions is required to fully understand the opportunities for effective use of microfinance for poverty reduction and economic development. Microfinance and Sustainable Development in Africa examines the complex relationship between receipt of microfinance, poverty reduction, economic growth, and microbusiness development, focusing on the provision of small credit facilities as a driver of sustainable development in Africa. Its coverage of topics such as microbusiness, social finance, and sustainable development make this book an ideal reference source for academicians, researchers, government officials, policymakers, organizations, managers, instructors, and students.



Transforming Microfinance Institutions


Transforming Microfinance Institutions
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Author : Joanna Ledgerwood
language : en
Publisher: World Bank Publications
Release Date : 2006-08-30

Transforming Microfinance Institutions written by Joanna Ledgerwood and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-08-30 with Business & Economics categories.


In response to a clear need by low-income people to gain access to the full range of financial services including savings, a growing number of microfinance NGOs are seeking guidelines to transform from credit-focused microfinance organizations to regulated deposit-taking financial intermediaries. In response to this trend, this book presents a practical 'how-to' manual for MFIs to develop the capacity to become licensed and regulated to mobilize deposits from the public. 'Transforming Microfinance Institutions' provides guidelines for regulators to license and regulate microfinance providers, and for transforming MFIs to meet the demands of two major new stakeholders regulators and shareholders. As such, it focuses on developing the capacity of NGO MFIs to mobilize and intermediate voluntary savings. Drawing from worldwide experience, it outlines how to manage the transformation process and address major strategic and operational issues inherent in transformation including competitive positioning, business planning, accessing capital and shareholders, and how to 'transform' the MFI's human resources, financial management, MIS, internal controls, and branch operations. Case studies then provide examples of developing a new regulatory tier for microfinance, and how a Ugandan NGO transformed to become a licensed financial intermediary. This book will be invaluable to regulators and microfinance NGOs contemplating institutional transformation and will be of tremendous use to donors and technical support agencies supporting MFIs in their transformation.



From Microfinance To Inclusive Finance


From Microfinance To Inclusive Finance
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Author : R. H. Schmidt
language : en
Publisher: John Wiley & Sons
Release Date : 2016-09-19

From Microfinance To Inclusive Finance written by R. H. Schmidt and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-19 with Business & Economics categories.


Once praised as a panacea to overcome poverty microfinance has had to face harsh criticism because of painful failures and unfulfilled expectations. Still many people in particular in rural regions do not have any access to formal financial services, many microfinance institutions are weak, and others rather exploit their clients driving them into over indebtedness than helping them out of poverty. What should microfinance achieve? Can it help to build up inclusive financial systems allowing access to basic financial services for everybody? The historic templates for this book are the German Sparkassen and Cooperative banks that have a strong track record of development and growth spanning over 200 years. For obvious reasons their results cannot be transferred directly into specific solution options to today's challenges in developing countries. Nevertheless the coming into existence of Sparkassen and Cooperative banks can well be seen as part of a period of revolutionary developments in the European economic and social landscape, which can be viewed as analogous to the transformation that emerging economies are undergoing today. While Europe faced dramatically changing living conditions during the period of industrialization these newly creatd banks made change possible by unequivocally including the lower class population in the transformationby providing access to savings and loans. And it is this is parallel - even in the face of the many differences - which is why their development and success deserves careful consideration today. The authors' approach differsfrom other explorations by specifically adopting an interdisciplinary strategy. They take into account past developments as well as current global ones from a historical, social science and economic point of view. Analysis and the interpretation of data is supported by case studies to illustrate their considerations. The authors identify general parameters both for failure and for success and also indicate how to optimize existing potentials - both for institutions and policy makers. As a result of this interdisciplinary work the authors advance an inclusive stylised facts based model. The will to build up institutions, to adhere to corporate social responsibility and creating conducive legal frameworks form the basic conditions for success. More specifically, the guiding principles of these successful business models are a fair savings and credit policy, the promotion of capital transfers without reference to class and gender, a focus on business activities in a well defined region, decentralized organizational structures combined with national networks which avoid regional capital drains and the securing of economies of scale and scope. Llast but not least is the centrality of objectives beyond that of the sheer maximisation of profits.



Micro Financing And The Economic Health Of A Nation


Micro Financing And The Economic Health Of A Nation
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Author : Bensson V Samuel MD PhD DBA CHCQM
language : en
Publisher: Xlibris Corporation
Release Date : 2021-03-01

Micro Financing And The Economic Health Of A Nation written by Bensson V Samuel MD PhD DBA CHCQM and has been published by Xlibris Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-01 with Business & Economics categories.


A change in finance for low-income people is occurring around the world. The microfinance movement provides services on a wide scale by competing, financially self-sufficient institutions to the economically active poor. Microfinance has been credited for promoting the Millennium Development Goals, poverty reduction, women's empowerment, and many other social benefits. This extensive microfinance survey aims to bridge the gap between academic economists and practitioners in the current microfinance literature. Micro-financing and the Economic Health of a Nation set a precedent for future work in the sector as the premier book to provide a detailed analysis of housing microfinance worldwide. By addressing a number of issues, including lessons from informal markets, savings and insurance, the role of women, the position of subsidies, impact assessment, and management incentives, this book offers an overview of microfinance. This book reviews essential issues for foreign and domestic microfinance organizations that are considering expanding into housing and for providers of traditional housing loans that aim to provide their services to poor clients who lack collateral or regular income, with clear guidance for practitioners and policymakers. Micro-financing and the Economic Health of a Nation can be used by students in economics, public policy, and development studies. This volume offers a reasoned, moderate voice on the virtues and problems of microfinance.



Micro Credit Poverty And Empowerment


Micro Credit Poverty And Empowerment
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Author : Neera Burra
language : en
Publisher: SAGE
Release Date : 2005-11-05

Micro Credit Poverty And Empowerment written by Neera Burra and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-11-05 with Business & Economics categories.


Two persistent problems that affect a significant portion of Indian women are poverty and violation of their human rights. In recent years, micro-credit has come to be viewed as a vital tool to ameliorate both conditions. However, there are few studies in the Indian context which test the validity of the assumption that there is a linear link between micro-credit, poverty reduction and women`s empowerment. This important and thought provoking volume brings together revealing case studies of micro-credit interventions made by six non-governmental and quasi-governmental bodies in five states of peninsular India, several of which have been supported by the United Nations Development Programme (UNDP). The six case studies are diverse in terms of their socio-economic and geo-political contexts: the nature and ideological orientation of the intermediary organizations; the groups targeted by the projects (exclusively women or men and women); and the life-spans of the projects. Despite their differences, all the studies offer useful lessons on the institutional structures and processes that do or do not facilitate women`s empowerment and poverty reduction, while exploring the potential and limitations of micro-credit to achieve these twin goals.