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dc.contributor.authorKhawari, Aliyaen
dc.date.accessioned2009-01-28T15:56:47Z-
dc.date.available2009-01-28T15:56:47Z-
dc.date.issued2004-
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
dc.language.isoengen
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburgen
dc.relation.ispartofseries|aHWWA Discussion Paper |x276en
dc.subject.jelO16en
dc.subject.jelO12en
dc.subject.ddc330en
dc.subject.keywordMicrofinance institutionsen
dc.subject.keywordgroup lendingen
dc.subject.keywordsustainabilityen
dc.subject.keywordtarget groupsen
dc.subject.stwMikrofinanzierungen
dc.subject.stwWirtschaftspolitische Wirkungsanalyseen
dc.subject.stwArmutspolitiken
dc.subject.stwEntwicklungsländeren
dc.titleMicrofinance: Does it hold its promises? A survey of recent literature-
dc.typeWorking Paperen
dc.identifier.ppn391287192en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:hwwadp:26394en

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