nep-mfd New Economics Papers
on Microfinance
Issue of 2012‒05‒22
three papers chosen by
Olivier Dagnelie
Instituto de Analisis Economico, CSIC

  1. Microfinance in India: self help groups - bank linkage model By Lipishree Das, Dr.
  2. Are remittances a "catalyst" for financial access? Evidence from Mexican household data By Ambrosius, Christian
  3. Cashless banking in Nigeria and its implications By Olajide, Victor C.

  1. By: Lipishree Das, Dr.
    Abstract: While the MFI model of microfinance is unsustainable, the SHG-Bank Linkage approach can make a positive impact on security and empowerment of the disadvantaged. Much more than microfinance is needed to overcome the problems that have persisted over the last 100 years. The findings from this study suggest that there is rise in the history and perspectives of rural credit in India in form of microfinance. And there is need for improved governance to manage challenges for future so that inclusive growth is possible.
    Keywords: Microfinance; SHG; Bank
    JEL: E59 G21 J23
    Date: 2012–02–26
  2. By: Ambrosius, Christian
    Abstract: In policy discussions, it has frequently been claimed that migrants' remittances could function as a catalyst for financial access among receiving households. This paper provides empirical evidence on this hypothesis from Mexico, a major receiver of remittances worldwide. Using the Mexican Family Life Survey panel (MxFLS) for 2002 and 2005, the results from the fixed effects logit model show that receiving remittances is strongly correlated with the ownership of savings accounts and, to some degree, with the availability of borrowing options. These effects are more important for rural households than for urban households and are more important for microfinance institutions, than for traditional banks. --
    Keywords: Remittances,Mexico,Financial Access,Microfinance
    JEL: G21 O16 F24
    Date: 2012
  3. By: Olajide, Victor C.
    Abstract: Electronic money has ushered in the cashless banking framework across different countries of the world and this is made possible by the advances in information technology and invention that began in Japan and later the West. However this new introduction into the various economies of the world is not without reaction both favorable and unfavorable. This paper seeks to point out the implications, in a developing economy like Nigeria, of a cashless banking which still permits some cash in the economy that is home to both the formal and informal sector. Theoretical findings supports the view of some economists concerning the need for regulatory agencies to be very wary the possibly retarding effect of the introduction of such a sophisticated payment system, particularly in developing economies like Nigeria, with the coexistence of the formal and informal sectors, that may not be able to muster the wherewithal to bear the burden of electronic payments and hence the cashless banking paradigm.
    Keywords: Electronic money; Cashless Banking; demand and time deposits
    JEL: E42 E40
    Date: 2012–04–13

This nep-mfd issue is ©2012 by Olivier Dagnelie. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.