Literature review microfinance’s worldwide recognition has been credited to muhammad yunus who is the founder of the grameen bank in bangladesh and recipient of the 2006 nobel peace. Microfinance and poverty reduction in ghana evidence from the dormaa area teachers co-operative credit union in dormaa municipality-brong ahafo master’s thesis by bismark dwommor antwi. Microfinance is an effective development tool for poverty reduction for the simple reason that financial services enable poor to take advantage of economic opportunities, to build assets, and to reduce their vulnerability to external shocks that adversely affect their living standards. Poverty literature review : microfinance and poverty reduction (english) abstract this note summarizes findings from a detailed literature review on identifying indirect and direct links of microfinance activity to eradication of poverty. Despite many efforts to measure the impact of microfinance on poverty reduction, evidence on the poverty-alleviating effects of long-term microfinance remains partial and contested.
Microfinance is shown to have a positive effect on poverty reduction at macro level (imai et al 2012),microfinance play an important role on poverty reduction and socioeconomic development in sub-sahara africa countries (rooyen et al 2012. Literature review on microfinance impacts in africa center for an institution with a very long name (evidence for policy and practice information and co-ordinating centre (eppi-centre) at the social nbsp the systematic literature review and researches on development of , systematic review, microfinance and. Microfinance is defined as the interior design homework help financial services offered to the poor for the purpose literature review on microfinance of promoting small-scale enterprises, and as such it is literature review on microfinance one literature review on microfinance of the most important topics in development studies and a burgeoning.
Microfinance institutions on poverty reduction: a case of kinondoni municipal , in partial fulfillment of the requirements for award of master degree business administration at mzumbe university. Role of islamic microfinance in poverty alleviation in pakistan: an empirical approach literature review microfinance is used to provide the financial services to the poor people of 2012 chikaca, 2007) charity islamic system of poverty reduction is a central location of time general term sadaqa in islam is charity advantages of the. Abstract the main objective of this paper is to study the effects of microfinance on poverty reduction in developing countries, using cross-sectional and panel literature review on microfinance, especially its impact on poverty at the macro can microfinance help to reduce poverty a review of evidence for developing countries.
Although microfinance has been examined under various socio-economic conditions, , there is no consensus on the impact it has had on poverty reduction given this, it is important to review the available literature to assess whether any clear conclusions can be drawn about the impact microfinance on poverty. Page 2 of 4 this review provides theoretical and empirical evidence for the continued importance of microfinance as an engine of growth, employment creation and poverty reduction. Because of the unprecedented growth of microfinance, a number of researches conducted studies to evaluate the relationship between microfinance and poverty reduction although most researches agree that microfinance can increase household incomes, its impact on poverty reduction remains controversial ( shaw, 2004 .
After numerous efforts to try to eradicate poverty either by doling out handouts or subsidies, noble prize winner professor muhammed yunus of bangladesh came up with a unique new concept of providing small loans to the poor as a tool for poverty reduction (sks, 2011) literature review on microfinance. That poverty reduction is achieved through improved capabilities for the poor the literature review on microfinance begins with an attempt to locate the reasons for. International research journal vol 7(4), 6-20, april (2018) international science community association review paper microfinance: a review of the literature recommendations for improving low income and poverty reduction in.
Micro finance is the mean for income generation and the way for permanent reduction of poverty through the provision of health services, education, housing, sanitation water supply and adequate nutrition. The systematic review of literature on of the utility of microfinance in poverty developed skills in relating the theoretical perspectives and debates about poverty reduction via micro credit scheme the leaders of registered unions were the informants the study. Literature review the role of micro-finance banks in entrepreneurship development in on micro-finance banking in some 2013, a microfinance bank (mfb) is defined as a company licensed to carry on the business of providing nbsp microfinance and woman empowerment – theseus is based on the self-made questionnaires to the women of city and.
This paper reviews the theoretical and empirical literature on the role of financial sector development, with a view to deepening understanding of the rationale of development assistance to the financial sector of developing countries financial sector development, economic growth, and poverty reduction: a literature review publication. This article examines the relationship between microfinance and poverty reduction at the macro-level, using cross-sectional data covering 596 microfinance institutions (mfis) for 2011 the cross-sectional data are supplemented by a two-period (2005 and 2011) panel data of 1132 microfinance institutions in 57 developing countries. The effects of microfinance on poverty reduction in mali: an evaluation by the method of propensity score yaya koloma, phd the paper will, first, conduct a brief literature review (ii) then, we recall the research method impact of microfinance on poverty reduction in india.