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http://hdl.handle.net/10419/19248
  

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dc.contributor.authorKhawari, Aliyaen_US
dc.date.accessioned2009-01-28T15:56:47Z-
dc.date.available2009-01-28T15:56:47Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/19248-
dc.description.abstractPoverty alleviation has been the main target of developmental projects world-wide. However, only a few ideas have stirred so much attention in the last two decades as that of the provision of microfinance through specialised institutions. This paper provides a survey of the vast literature that has developed in this field. Though most of the evidence and literature on the subject appears self-praising, nonetheless there is much more to the concept than one can imagine. The establishment of microfinance institutions (MFIs) world-wide for the provision of collateral free loans to the poor through mechanisms and instruments not known to normal commercial banks has set new milestones in the field of financial services. With 900 million households in the less developed countries left without any access to formal financial services, this might just be the key to address market failures in the financial landscape.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesHWWA Discussion Paper 276en_US
dc.subject.jelO16en_US
dc.subject.jelO12en_US
dc.subject.ddc330en_US
dc.subject.keywordMicrofinance institutionsen_US
dc.subject.keywordgroup lendingen_US
dc.subject.keywordsustainabilityen_US
dc.subject.keywordtarget groupsen_US
dc.subject.stwMikrofinanzierungen_US
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen_US
dc.subject.stwArmutspolitiken_US
dc.subject.stwEntwicklungsländeren_US
dc.titleMicrofinance: Does it hold its promises? A survey of recent literatureen_US
dc.typeWorking Paperen_US
dc.identifier.ppn391287192en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26394-
Appears in Collections:HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv

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