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on Microfinance |
| 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 |
| URL: | http://d.repec.org/n?u=RePEc:ris:irtiwp:1436_009&r=mfd |
| 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 |
| URL: | http://d.repec.org/n?u=RePEc:ris:irtiwp:1437_003&r=mfd |
| 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 |
| URL: | http://d.repec.org/n?u=RePEc:ehl:lserod:59434&r=mfd |