Microfinance: A Time to Deliberate
Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 3
Abstract
Microfinance promises to reduce poverty through income-generating activities for the underprivileged segment of the population that has been excluded from the main banking system. To achieve that goal, microfinance institutions have to become socially-financially ???, sustainable businesses: simply put, reconcile their conflicting objectives. To that end, this special issue contains empirical contributions that deal with the impact evaluation of microfinance institutions on both a household and business level; financial sustainability and clients default risk.
Authors and Affiliations
Ayi Gavriel Ayayi| Associate Professor of Financial Economics Département des sciences de la gestion Université du Québec à Trois Rivières 3351, boul. des Forges, C.P. 500 Trois Rivières, Québec, G9A 5H7 Canada
Keywords
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