Microfinance

Among financial institutions serving poor households around the world, microfinance programs have emerged as important players. These programs typically make small loans—sometimes as small as US$50 to US$100 and sometimes as large as several thousand dollars-to households lacking access to formal-se...

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Autor principal: Sharma, Manohar
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2003
Materias:
Acceso en línea:https://hdl.handle.net/10568/157524
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author Sharma, Manohar
author_browse Sharma, Manohar
author_facet Sharma, Manohar
author_sort Sharma, Manohar
collection Repository of Agricultural Research Outputs (CGSpace)
description Among financial institutions serving poor households around the world, microfinance programs have emerged as important players. These programs typically make small loans—sometimes as small as US$50 to US$100 and sometimes as large as several thousand dollars-to households lacking access to formal-sector banks (see, for example, Lapenu and Zeller 2001). One important achievement of the microfinance movement has been its relative success in deliberately reaching out to poor women living in diverse socioeconomic environments. More than 90 percent of the clients of the Grameen Bank of Bangladesh, perhaps the most well-known microfinance institution worldwide, are women (Khandker, Khalily, and Khan 1996). Of the nearly 189,587 village bank members worldwide that received loans from the Foundation for International Community Assistance in 2001, most are women (FINCA 2002). The Association for Social Advancement (ASA), another prominent microfinance institution in Bangladesh, has a client base of more than 1.5 million persons, out of which 96 percent are women (ASA 2002). In Malawi 95 percent of loans provided by the Malawi Muzdi Fund go to women borrowers (Diagne and Zeller 2001). The microfinance networks led and catalyzed by Women’s World Banking provide direct credit services to more than 12 million poor people around the world. Literally hundreds of similar examples can be found in Africa, Asia, and Latin America.
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spelling CGSpace1575242025-04-08T18:26:58Z Microfinance Sharma, Manohar property women gender developing countries economic theories household budget household consumption nutrition farming systems legal system policies education health empowerment agricultural technology agricultural growth child care property rights natural resources management agricultural policies technology transfer drought vegetables fisheries children Among financial institutions serving poor households around the world, microfinance programs have emerged as important players. These programs typically make small loans—sometimes as small as US$50 to US$100 and sometimes as large as several thousand dollars-to households lacking access to formal-sector banks (see, for example, Lapenu and Zeller 2001). One important achievement of the microfinance movement has been its relative success in deliberately reaching out to poor women living in diverse socioeconomic environments. More than 90 percent of the clients of the Grameen Bank of Bangladesh, perhaps the most well-known microfinance institution worldwide, are women (Khandker, Khalily, and Khan 1996). Of the nearly 189,587 village bank members worldwide that received loans from the Foundation for International Community Assistance in 2001, most are women (FINCA 2002). The Association for Social Advancement (ASA), another prominent microfinance institution in Bangladesh, has a client base of more than 1.5 million persons, out of which 96 percent are women (ASA 2002). In Malawi 95 percent of loans provided by the Malawi Muzdi Fund go to women borrowers (Diagne and Zeller 2001). The microfinance networks led and catalyzed by Women’s World Banking provide direct credit services to more than 12 million poor people around the world. Literally hundreds of similar examples can be found in Africa, Asia, and Latin America. 2003 2024-10-24T12:50:31Z 2024-10-24T12:50:31Z Book Chapter https://hdl.handle.net/10568/157524 en Open Access application/pdf International Food Policy Research Institute Sharma, Manohar. 2003. Microfinance. In Household decisions, gender, and development: a synthesis of recent research. Quisumbing, Agnes R., ed. Pp. 195-200. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/157524
spellingShingle property
women
gender
developing countries
economic theories
household budget
household consumption
nutrition
farming systems
legal system
policies
education
health
empowerment
agricultural technology
agricultural growth
child care
property rights
natural resources management
agricultural policies
technology transfer
drought
vegetables
fisheries
children
Sharma, Manohar
Microfinance
title Microfinance
title_full Microfinance
title_fullStr Microfinance
title_full_unstemmed Microfinance
title_short Microfinance
title_sort microfinance
topic property
women
gender
developing countries
economic theories
household budget
household consumption
nutrition
farming systems
legal system
policies
education
health
empowerment
agricultural technology
agricultural growth
child care
property rights
natural resources management
agricultural policies
technology transfer
drought
vegetables
fisheries
children
url https://hdl.handle.net/10568/157524
work_keys_str_mv AT sharmamanohar microfinance