Globalization and affordability of microfinance

Finance and Social Responsibility in the Informal Economy: Institutional Voids, Globalization and Microfinance Institutions

We examine the heterogeneous effects of globalization on the interest rate setting by microfinance institutions (MFIs) around the world. We consider MFIs as a mechanism to overcome the institutional void of credit for small entrepreneurs in developing and emerging economies. Using a large global panel of MFIs from 119 countries, we find that social globalization that embraces egalitarian instit...

Microfinance and Dynamic Incentives

Dynamic incentives, where incentives to repay are generated by granting access to future loans, is one of the methodologies used by microfinance institutions (MFIs). In this paper, I present a model of dynamic incentives where lenders are uncertain over how much borrowers value future loans. Loan terms are determined endogenously, and loans become more favorable as the probability of default be...

Problems and Prospects of Introducing Islamic Microfinance in Azerbaijan Republic

Microfinance and Financial Development

The Risk Of Microfinance Sudan Experience In Microfinance Higher Cost

The purpose of this research is to investigate and focus on the high cost of microfinance loans which are provided by banks. The high costs are one of the main problems, facing the microfinance programs in its persuit to help the poor and the low income households. This research followed the descriptive approach, to investigate the problem of this research. Questionnaires were used as the main ...