nep-mfd New Economics Papers
on Microfinance
Issue of 2021‒10‒25
two papers chosen by
Olivier Dagnelie
Université de Caen

  1. Interest-Free Microfinance Arrangements and Its Impact on the Livelihood of Women in India By Faizan Khan Sherwani
  2. Value creation in UEMOA microfinance institutions: The impact of stakeholders By Mamadou Ndione

  1. By: Faizan Khan Sherwani (Jamia Hamdard University New Delhi, India Author-2-Name: Sanaa Zafar Shaikh Author-2-Workplace-Name: University of Houston Taxas, U.S.A Author-3-Name: Zoya Zafar Shaikh Author-3-Workplace-Name: University of Houston Taxas, U.S.A Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)
    Abstract: " Objective - The purpose of this study is to examine the impact of interest-free microfinance arrangements on the livelihood of women in India. Studies reveal that the existence of interest-free microfinance, as well as its outcome on the livelihood of weaker sections of society (particularly women), overall improved their well-being. Methodology – Exploratory and cross-section analysis is used to understand the satisfaction level among non-conventional microfinance arrangements. Survey of non-conventional microfinance beneficiaries exposes the status of women's' earnings, financial literacy, skills development, employment generation, household savings and poverty alleviation. Findings – Interest-free microfinance products like Zakat, Sadaqah, and KarzeHasna will successfully meet micro-financing core objectives of poverty alleviation, women empowerment, gender equality, prosperity, and employment. The analysis showed that the performance of interest-free microfinance consumers is better than conventional microfinance consumers. Novelty – This study is an original which is based on the demographic, sociocultural and regulatory framework of interest-free micro finance systems to identify the acceptability in the Indian financial system. The discussions in the study are mainly concerned with the empirical review of the impact and effect of interest-free microfinance on the lifestyle of female microfinance users after obtaining a loan i.e., their income, expenditure, saving, entrepreneurship, consumption, and women participation in earning income in India. Type of Paper - Empirical"
    Keywords: Entrepreneurship; Livelihood; Education Development; Living Standards; Women Empowerment
    JEL: G20 G21
    Date: 2021–09–30
    URL: http://d.repec.org/n?u=RePEc:gtr:gatrjs:jfbr188&r=
  2. By: Mamadou Ndione (CREGO - Centre de Recherche en Gestion des Organisations [Dijon] - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE] - UB - Université de Bourgogne - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar)
    Abstract: The purpose of microfinance institutions (MFIs) is to lend money to populations that lack the means to access the formal banking system. The various actors involved with MFIs are liable to pursue different and sometimes conflicting goals and interests, which can cause inefficiencies. This article discusses the impact of MFI stakeholders on wealth creation among these institutions in the eight countries that make up the West African Economic and Monetary Union (UEMOA). While the volume of credit given to clients and the quality of each country's macro-governance index have a positive impact on MFI wealth creation, the results are less clear when it comes to the impact of owners' or shareholders' contributions, or public subsidies. In any case, savers, lenders, and female clientele have no significant impact on MFI wealth creation.
    Abstract: Las instituciones de microfinanzas (IMF) tienen por objetivo prestar dinero a las poblaciones que no disponen de recursos suficientes para acceder al sistema bancario formal. Estas IMF agrupan varios actores que pueden proseguir objetivos e intereses diferentes, e incluso conflictuales, lo que puede ser fuente de ineficiencia. El presente artículo se interesa al impacto de las partes interesadas de las IMF sobre la riqueza generada en su seno en los ocho países de la Unión económica y monetaria oeste-africana (UEMOA). El autor muestra que, si bien el volumen de los créditos acordados a los clientes y la cualidad del índice de macro-gobernanza de cada país tienen una influencia positiva en la riqueza creada por las IMF, los resultados son más desiguales respecto al impacto de las aportaciones de los propietarios o de los socios, así como de las subvenciones públicas. En cualquier caso, les ahorradores, los prestamistas y la clientela femenina no tienen influencia significativa en la creación de valor de estas IMF.
    Abstract: Les institutions de microfinance (IMF) ont pour objet de prêter de l'argent aux populations qui ne disposent pas de moyens suffisants pour accéder au système bancaire formel. Ces IMF regroupent plusieurs acteurs susceptibles de poursuivre des objectifs et des intérêts différents, voire conflictuels, ce qui peut être source d'inefficience. Cet article s'intéresse à l'impact des parties prenantes des IMF sur la richesse créée en leur sein dans les huit pays de l'Union économique et monétaire ouest-africaine (UEMOA). L'auteur montre que, si le volume des crédits accordés aux clients et la qualité de l'indice de macro-gouvernance de chaque pays ont une influence positive sur la richesse créée par les IMF, les résultats sont plus mitigés en ce qui concerne l'impact des apports des propriétaires ou des sociétaires, ainsi que des subventions publiques. Dans tous les cas, les épargnants, les prêteurs et la clientèle féminine n'ont aucune influence significative sur la création de valeur de ces IMF.
    Keywords: Institution de microfinance,UEMOA
    Date: 2021
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03121164&r=

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