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on Microfinance |
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Issue of 2009–09–26
two papers chosen by Guadalupe Acra Ticona and Olivier Dagnelie, Université de Namur and Instituto de Analisis Economico, CSIC |
| By: | Niño-Zarazúa, Miguel; Mosley, Paul |
| Abstract: | Improved household accessibility to credit is identified as a significant determinant of intra-household re-allocation of labour resources with important implications for productivity, income, and poverty status. However, credit accessibility could also have wider impacts on poverty if it leads to new hires outside the household. This paper contributes to the existing literature on microcredit in two important ways: first, it investigates the routes through which microcredit reaches those in poverty outside the household. We test whether, by lending to the vulnerable non-poor, microcredit programmes can indirectly benefit poor labourers through increased employment. Second, we conduct the study in the spatial dimension of urban poverty Mexico. This is relevant when considering that, unlike in rural areas, labour often represents the only source of livelihoods to the extreme poor. Our findings point to significant trickle-down effects of microcredit that benefit poor labourers; however, these effects are only observed after loan-supported enterprising households achieve earnings well above the poverty line. The paper concludes with reflections on the policy implications. |
| Keywords: | Mexico; microcredit; labour; poverty |
| JEL: | O18 J41 O16 C24 C31 C25 |
| Date: | 2009–09–22 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:17462 |
| By: | Moingeon, Bertrand; Yunus, Muhammad; Lehmann-Ortega, Laurence |
| Abstract: | The social business idea borrows some concepts from the capitalist economy, and therefore the implementation of social businesses can likewise borrow some concepts from conventional business literature. As an illustration, the notion of business model, which is currently attracting much attention from researchers, can be revisited so as to enable the building of social businesses. Social business models are needed alongside conventional ones. After defining what a social business is, the authors will describe the first endeavors to create such businesses within the Grameen Group. This in turn will lead to a discussion of the social business model. |
| Keywords: | Social business; business model; social business model; Grameen; Danone |
| JEL: | E20 |
| Date: | 2009–02–01 |
| URL: | https://d.repec.org/n?u=RePEc:ebg:heccah:0913 |