|
on Microfinance |
| By: | Mutisya Emmanuel; Yarime Masaru |
| Abstract: | The focus of microcredit for the bottomof the pyramid segment in urban areas isincreasingly becoming an area of focus asdevelopment policy-makers worktowards improving the lifestyles of urbanpoor. Previous research has had a keenfocus on the impacts of financial servicesto business outcomes,leaving behindother equally vital aspects ofdevelopment. In addition, very little ofthis research has focused on socio-economic and sustainability outcomes inurban areas. Using randomizedcontrolled trials, this paper measures theimpacts of microcredit to selected groupsof people in Kibera slum in Nairobi city,using a combination of double differenceand propensity score matchingtechniques to evaluate the impacts ofthese financial services on businesses,households, microfinance institutionsand urban sustainability outcomes.Whilethe paper finds little evidence on urbansustainability outcomes,there is asignificant,althoughsmall,improvementon business and households outcomes. |
| Date: | 2014–03–05 |
| URL: | http://d.repec.org/n?u=RePEc:adb:adbwps:2103&r=mfd |
| By: | Gutierrez, Eva; Choi, Tony |
| Abstract: | This study intends to increase understanding of how different types of mobile money services have developed in different environments. For this purpose, two countries were selected, the Republic of Korea and Uganda. From these study cases, some conclusions emerge. The development of mobile banking services can appear at different stages of financial sector development, but it requires a vibrant and competitive telecommunications sector. The regulatory environment does not need to be very sophisticated for the mobile industry to emerge. However, some elements appear to be important. The legal framework should allow (or at least not explicitly forbid) nonbank financial institutions to issue money and use banking agents or correspondents. To ensure wider use of the service by the population, it is important to educate the population on the benefits of mobile money services. |
| Keywords: | E-Business,Banks&Banking Reform,Environmental Economics&Policies,E-Finance and E-Security,Emerging Markets |
| Date: | 2014–02–01 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:6786&r=mfd |
| By: | Janda, Karel; Zetek, Pavel |
| Abstract: | This paper provides a brief but comprehensive overview of microfinance academic literature with emphasis on recent innovations, trends and efficiency. In particular, we focus on controversial issues of microfinance, such as commercialization, regulation, interest rate policy and the balance between outreach and performance of MFIs. In summary, the findings of the reviewed literature underline the great improvement in the microfinance field that, however, has not reached its full potential yet. At the same time, we outline potential risks and drawbacks which are being discovered along the way of microfinance development and maturing, many of which still waiting for more rigorous scholarly examination. |
| Keywords: | Microfinance; microcredit; efficiency; mission drift |
| JEL: | G21 O11 O12 O16 |
| Date: | 2014–03–04 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:54098&r=mfd |