Micro-credit Institutions: Between Promise and Limitations -Banking Practices and Objectives
Montalieu, Thierry
Micro-credit Institutions: Between Promise and Limitations -Banking Practices and Objectives - 2002.
47
The new strategy of the World Bank for fighting against poverty relies on putting micro-credit schemes in developing economies. As banking sectors exclude a high proportion of the population and furthermore are not always characterized by the best practices, microfinance institutions nevertheless play an important role. Based on a review of theoretical and empirical literature, we measure the financial performances of these structures, then assess their impact on the financing of micro-enterprises and on poverty reduction.
Micro-credit Institutions: Between Promise and Limitations -Banking Practices and Objectives - 2002.
47
The new strategy of the World Bank for fighting against poverty relies on putting micro-credit schemes in developing economies. As banking sectors exclude a high proportion of the population and furthermore are not always characterized by the best practices, microfinance institutions nevertheless play an important role. Based on a review of theoretical and empirical literature, we measure the financial performances of these structures, then assess their impact on the financing of micro-enterprises and on poverty reduction.
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