The introduction of microcredit has drawn significant attention to the interest rates charged by microfinance institutions, capturing policymakers worldwide. Despite competitive nature market, borrowers still bear burden relatively high rates. Similar other loans, requires repayment, and rate is determined various factors. Nevertheless, acknowledging that intrinsically linked risk associated wi...

The idea and implementation of Microfinance has become a hot topic and is currently at the central stage in debates on poverty alleviation. Microfinance can be defined as the sustainable delivery of financial services to the poor that aims at creating a world in which as many poor households as possible, have access to a suitable range of financial services (Christen, Rosenberg and Jayadeva, 20...

This study explores the impact of microcredits on the economic, educational, and empowerment levels of women from the Bolivian high plains who had acquired microcredits for over three years. Primary research was carried out with the help of a major NGO dedicated solely to microcredits. One hundred in-depth personal interviews were conducted by the author in La Paz and El Alto from February to M...

2 Since 2006 China's central government has opened up its financial markets to foreign Microfinance Institutions (MFI). The idea is that by allowing MFI's to operate, Agricultural Banks would lead to increase access to credit, economic efficiencies and growth in rural agriculture, and efficiency within the financial system in underserved markets. Microfinance as it is understood today refers to...