|
on Microfinance |
| By: | Ozili, Peterson K |
| Abstract: | Microfinance is crucial to accelerate economic growth in a country, and is also important for financial inclusion. This article is a concise brief on some microfinance delivery models with the aim to identify some lesson learned. Microfinance offers positive prospects for stronger development finance. The support of the government should be sustained and the model of microfinance delivery model should be reviewed from time to time. |
| Keywords: | microfinance, entrepreneurship, financial inclusion, development, finance, small business, |
| JEL: | A1 G21 G28 I31 I32 I38 I39 O2 |
| Date: | 2018–11–21 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:90221&r=mfd |
| By: | Sigurdur Gudjonsson (University of Akureyri); Kari Kristinsson (University of Iceland) |
| Abstract: | In this presentation the stage of the microfinance industry in Iceland will be accounted for. Short introduction of the industry in Iceland will be made. Many microfinance institutions have been set up in the developing world causing great success in decreasing poverty in the area. The popularity in these institutions have ben noticed in the developed world and now, many microfinance institutions have been established in the developed west, including in Iceland. While the situation is not the same in Iceland as in the developed world, I will try to answer the following question ,,have the microfinance institutions in Iceland brought prosperity to their borrowers or are they worse off after taking microfinance loans??. |
| Keywords: | microfinance, poverty, Iceland |
| JEL: | M10 M14 |
| Date: | 2018–11 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:8110449&r=mfd |
| By: | Sigurdur Gudjonsson (University of Akureyri) |
| Abstract: | In this presentation the current stage of the microfinance industry will be described. The microfinance industry has increased drastically over the last few decades. It began as a handful of institutions in the late 1970´s but is now a growing market with thousands of institutions. Most of the microfinance institutions are in the developing countries, particularly in India, Pakistan and Bangladesh. Recently, however, microfinance institutions are being established in the developed world. In addition in the presentation, a history of past failure of subsidized loans is explained. Different but important contributions from Stiglitz and Yunnus are accounted for. Finally, the microfinance industry´s current state and potential future growth will be described. |
| Keywords: | Microfinance, poverty, loans |
| JEL: | M10 M14 |
| Date: | 2018–11 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:8110448&r=mfd |
| By: | Kotchikpa Gabriel Lawin; Lota Dabio Tamini; Ibrahima Bocoum |
| Abstract: | In this article,we review the literature on the best ways to identify the causal effects of microcredit, present, and discuss some empirical results of the impact of microcredit on the adoption of innovations, investments, farm incomes, and profits. The results of empirical studies converge toward a positive impact of access to microcredit on the adoption of agricultural technology and investment. In terms of the effect on the technical efficiency of farms, agricultural income and profit, and consumption, the results do not all point in the same direction.The effects of microcredit are likely to vary depending on the context of the study. |
| Keywords: | microcredit; experimental studies; causal effects; farms; rural households. |
| JEL: | D14 D13 G21 O13 Q14 Q16 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:lvl:creacr:2017-05&r=mfd |
| By: | Obisesan, A.; Adeyonu, A. |
| Abstract: | This study investigates financial inclusion of smallholder arable crop farmers in Nigeria. Primary data were collected for the purpose of the study. Descriptive statistics and Logit regression model were employed in the analysis. The average age of the respondents was 43.67years and male actively participated in food crop production more than female. Though 64.16% of the respondents had access to banks within their community, only 27.65% are banked. Fear of insolvency (90.57%), lack of required form of identification (31.13%), lengthy process (29.72%) and distance to the nearest bank (50.94% ) are the main barriers to opening a bank account. Co-operative is the major means of savings as well as source of credit. Farmers awareness of agricultural insurance scheme is low, however, more than half of the farmers are willing to participate. Age, labour cost and cultivation of improved varieties had negative and significant effect on willingness to participate while awareness, years of formal education, credit access and membership of association had significant positive effect on willingness to participate. Hence, financial institutions should consider boosting their services to arable crop farmers and create enabling environment that will facilitate financial inclusion of farmers in Nigeria. Keywords: Financial services, Arable crops, Farmers, Nigeria Acknowledgement : |
| Keywords: | Crop Production/Industries |
| Date: | 2018–07 |
| URL: | http://d.repec.org/n?u=RePEc:ags:iaae18:277270&r=mfd |