MICROFINANCE REVOLUTION: ITS EFFECTS, INNOVATIONS, AND CHALLENGES
نویسندگان
چکیده
منابع مشابه
Innovations in Microfinance technologies
A day almost like any other … Mamadou Djiré is in charge of the Djicoroni Para outlet in Bamako, Mali. He is opening up the financial coop because several members will be arriving to withdraw funds from their current accounts or make deposits to cover loan payments. Mamadou takes out the cash drawer from the strongbox opens up his teller window and turns on the pocket computer with its AMIO Tel...
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The Nobel Prize committee awarded the 2006 Nobel Peace Prize to Muhammad Yunus and the Grameen Bank “for their efforts to create economic and social development from below.” The microfinance revolution has come a long way since Yunus first provided financing to the poor in Bangladesh. The committee has recognized microfinance as “an important liberating force” and an “ever more important instru...
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Microfinance is gathering momentum to become a major force in India. The self-help group (SHG) model with bank lending to groups of (often) poor women without collateral has become an accepted part of rural finance. The paper discusses the state of SHG-based microfinance in India. With traditionally loss-making rural banks shifting their portfolio away from the rural poor in the post-reform per...
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The first thing to remember is that in India the history of rural credit, poverty alleviation and microFinance are inextricably interwoven. Any effort to understand one without reference to the others, can only lead to a fragmented understanding. The forces and compulsions that shaped the initiatives in these areas are best understood in context of State and banking policy over time. Thus, for ...
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ژورنال
عنوان ژورنال: The Developing Economies
سال: 2010
ISSN: 0012-1533
DOI: 10.1111/j.1746-1049.2010.00098.x