Role of regulation and micro finance in Africa, Asia and Latin America

Marianne, Roedl (2013): Role of regulation and micro finance in Africa, Asia and Latin America. Forthcoming in: Global Development Finance Review (December 2013)

Abstract

An innovative aspect of this paper is evidenced through its recommendation of the Micro-Savings Requirement Scheme - which offers numerous benefits – as will be highlighted in this paper.

Furthermore, the paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions – and particularly in jurisdictions where the Savings Group Outreach involvement is particularly low, but also illustrates ways and means whereby group lending and other more recent innovative methods used by micro lenders to secure repayments, could increase the desired effects, efficiency and impact of microfinance in selected jurisdictions. In so doing, it addresses some of the existing and persisting problems of micro finance in rural areas.

• Item Type: MPRA Paper
• Language: English
• Keywords: microfinance; regulation; agency theory; Micro-Savings Requirement Scheme; Africa; Asia; Latin America
• Subjects: D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D82 - Asymmetric and Private Information ; Mechanism Design; G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; K - Law and Economics > K2 - Regulation and Business Law

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