nep-mfd New Economics Papers
on Microfinance
Issue of 2016‒05‒21
three papers chosen by
Aastha Pudasainee and Olivier Dagnelie

  1. The Regulatory and Supervision Framework of Microfinance in Kenya By Ali, Abd Elrahman Elzahi Saaid
  2. Empowering the Poor through Islamic Microfinance: Experience of the Bank of Khartoum in Value Chain Project Financing in Sudan By Alsagoff, Syed Hassan; Surono, Ahmad Ompo
  3. Credit apartheid, migrants, mines and money By Deborah James; Dinah Rajak

  1. By: Ali, Abd Elrahman Elzahi Saaid (The Islamic Research and Teaching Institute (IRTI))
    Abstract: Microfinance is one of the essential branches of lending that is used to mitigate the negative impact of the increasing incidence of poverty and unemployment in Kenya. This highlights the important need for an effective regulatory and supervisory framework for Microfinance Institutions (MFIs) in this country. This research attempts to investigate the performance of the Kenyan microfinance regulatory and supervisory framework through extracting and analyzing secondary data sources. Kenya has not unified the regulatory and supervisory framework for the microfinance sector based on the results of the logical descriptive analysis. The involvement of different bodies, which include associations, clubs and churches, in regulation might have weakened the effectiveness of outreach and represents more challenges for the microfinance sector in Kenya. However, these results have strong implications for the regulators and the governments when they tried to regulate MFIs.
    Keywords: Microfinance Regulatory System; poverty alleviation; Kenyan Microfinance
    JEL: G21 G23 G28
    Date: 2015–07–28
  2. By: Alsagoff, Syed Hassan (Islamic Development Bank (IDB)); Surono, Ahmad Ompo (Islamic Development Bank (IDB))
    Abstract: -
    Keywords: Islamic Microfinance; Financing in Sudan
    Date: 2016–01–27
  3. By: Deborah James; Dinah Rajak
    Abstract: Migrant life has long required a careful balancing of responsibilities. Migrants travel to earn a wage in a capitalist economy while saving resources and honouring obligations which arise in a seemingly less-than-capitalist one. Various agents – rural patriarchs, traders, government authorities, appliance retailers – have used techniques to keep wages beyond migrants’ control. Paradoxically, similar techniques have, on occasion, been eagerly embraced by migrants themselves, who know that these resources will need to be husbanded for the upkeep of home. This article explores these contradictions, showing that recent forms of debt build on expectations born of forms of credit that proliferated earlier, but differ in consolidating these forms of credit to produce an unimpeded flow of money into migrants’ bank accounts and out of them again. It looks at the advantages and dangers of the recent expansion of credit to constituencies – like migrants – where it previously did not reach.
    Keywords: debt; savings clubs; moneylending; hire purchase; credit apartheid
    JEL: N0
    Date: 2014–11–06

This nep-mfd issue is ©2016 by Aastha Pudasainee and 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.
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