Weiss, John and Montgomery, Heather (2004): Great expectations: microfinance and poverty reduction in Asia and Latin America. Published in: ADB Institute Discussion Paper No. 15
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Microfinance institutions (MFIs) are often seen by aid practitioners as a manifestly effective means of improving the position of the poor. Despite this widely held view, detailed research studies have been much more guarded about the impact of MFIs. In particular, several studies have raised doubts about the effectiveness of MFIs in reaching the “core poor”. This paper surveys the evidence from Asia and Latin America and contrasts experiences in the two regions. Studies on the former have been carried out more “rigorously”, but in both regions the evidence that microfinance is reaching the core poor is very limited.
|Item Type:||MPRA Paper|
|Original Title:||Great expectations: microfinance and poverty reduction in Asia and Latin America|
|Keywords:||microfinance; poverty; Asia; Latin America|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O16 - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages
|Depositing User:||Heather A. Montgomery|
|Date Deposited:||03. Sep 2011 06:03|
|Last Modified:||13. Feb 2013 18:24|
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