How Microfinance Really Works

Agent-Based Mapping of Credit Risk for Sustainable Microfinance

By drawing analogies with independent research areas, we propose an unorthodox framework for mapping microfinance credit risk--a major obstacle to the sustainability of lenders outreaching to the poor. Specifically, using the elements of network theory, we constructed an agent-based model that obeys the stylized rules of microfinance industry. We found that in a deteriorating economic environme...

Reply to Jonathan Morduch’s “Does Microfinance Really Help the Poor? New Evidence from Flagship Programs in Bangladesh”

Debt and Development: Exploring the microfinance debate in Senegal

Founded on the assumption that poor people are “natural entrepreneurs” (Bornstein 2005), microfinance has signaled a paradigm shift in development ideology. Using my experiences with microfinance in a fishing village in Senegal, this study will address the claims driving the microfinance movement, debate its pros and cons and pose further questions about its validity and widespread implementati...

A Proposal of a Microcredit Granting Model for the Microfinance Associations in Tunisia

This article is devoted to look at how the factors micro-loan risks in microfinance are related to the micro-borrowers. In this regard, the present analysis involves the using of a set representative and fundamental variables in our research. The study basically use the socio-economic and socio-demographic features specific to the micro-borrowers, which are expected to affect the repayment dela...

Microfinance Institutions’ Operational Infrastructure in India: Assessing the Efficiencies through OLS Model

This study attempts to examine the operational efficiency of thirty-two microfinance institutions in India. Operational efficiency in microfinance institutions refers to how well microfinance institutions allocate the input resources. Since the study is an exploratory nature, therefore, the data are collected from mix market on annual basis. It covers the seven-year period ranging from 2005-06 ...