Microfinance

dc.creatorSharma, Manohar
dc.date2003
dc.date2024-10-24T12:50:31Z
dc.date2024-10-24T12:50:31Z
dc.date.accessioned2026-06-27T15:08:16Z
dc.descriptionAmong 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.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/157524
dc.identifier.urihttp://hdl.handle.net/123456789/95659
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceSharma, 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
dc.subjectproperty
dc.subjectwomen
dc.subjectgender
dc.subjectdeveloping countries
dc.subjecteconomic theories
dc.subjecthousehold budget
dc.subjecthousehold consumption
dc.subjectnutrition
dc.subjectfarming systems
dc.subjectlegal system
dc.subjectpolicies
dc.subjecteducation
dc.subjecthealth
dc.subjectempowerment
dc.subjectagricultural technology
dc.subjectagricultural growth
dc.subjectchild care
dc.subjectproperty rights
dc.subjectnatural resources management
dc.subjectagricultural policies
dc.subjecttechnology transfer
dc.subjectdrought
dc.subjectvegetables
dc.subjectfisheries
dc.subjectchildren
dc.titleMicrofinance
dc.typeBook Chapter

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