investigating the key success factors of microfinance institutions by analyzing their characteristics
نویسندگان
چکیده
what are the main success factors of microfinance institutions in providing financial services to poor people in a sustainable manner? in this article we try to answer this question. in one hand, we analyze the core compatibility between microeconomics of asymmetric information, transaction cost and risk, and new different operational mechanisms applied by microfinance institutions. on the other hand, we investigate key success factors by performance indices of microfinance institutions around the world. these analyses indicate that, with high emphasizing on financial sustainability, without government direct involvement and with using innovative operational mechanisms, such as group lending, applied by leading microfinance institutions, we can develop this industry. the results have important policy implications when microfinance is being accepted as a solution for creating sustainable access to financial services for poor and low-income people. jel classification: g21, g28. key word: microfinance, sustainability, outreach, regulation and supervision, group-lending.
منابع مشابه
Investigating Key Success Factors in Adopting Knowledge Management System
The important of KMS could not be denied in this competitive era especially when the organization has to focus on their sustainability and to remain competitive advantage. The KMS can be considered as a pond of knowledge in the respective organization whereby the accessible of the knowledge is in the right place, right time and by the right person. The adoption of KMS could assist the organizat...
متن کاملKey factors of the success of knowledge-based companies relied on academic incubator centers
Today, most countries in the world are gearing up by innovation, seeking to increase productivity and improve their economic situation, and one of the important centers for innovative activities is the incubator centered companies. The majority of companies based in incubator centers are startups companies. Considering that the failure rate of new firms in the early years of formation is greate...
متن کاملAn Analysis of Village-level Microfinance Institutions
This paper uses variation in policies and institutional characteristics to evaluate the impacts of village-level microfinance institutions in rural Thailand. To identify impacts, we use policies related to the successful/unsuccessful provision of services as exogenous variation in effective financial intermediation. We find that institutions, particularly those with good policies, can promote a...
متن کاملRole of Microfinance Institutions in Women Empowerment
The present study titled “Role of Microfinance Institutions in Women Empowerment” was conducted in Punjab state of India with the objective to study the role played by microfinance institutions in empowering women. The study was conducted with the scientific approach i.e deductive approach & inductive approach and the study found that the availability of basic services to the members was consid...
متن کاملPerformance Analysis of Banks and Microfinance Institutions in India
Present paper intends to measure the determinants of performance of Indian financial sector. The performance variables of banking sector and microfinance institutions in India are studied over a study period of six years i.e. 2006-07 to 2011-12. The financial sector of India is gaining strength over the years and its contribution to growth is overwhelming. Banks are considered the main componen...
متن کاملمنابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
تحقیقات اقتصادیجلد ۴۳، شماره ۲، صفحات ۰-۰
میزبانی شده توسط پلتفرم ابری doprax.com
copyright © 2015-2023