The ability of microfinance and microcredit programmes to alleviate poverty and fuel development is often debated and questioned this study aims to contribute to this literature by investigating the impact of microcredit programmes on alleviating poverty and empowering women in cairo, egypt i also investigate the. And data used in the analysis is discussed in section three the empirical results and their interpretation are provided in section four and last section offers conclusion 2 literature review this section includes the review of most relevant literature on how microfinance institutions alleviate poverty and provide empowerment. The literature review on poverty and microfinance despite the data limitations and methodological problems, eg on dealing with the sample selection bias associated with microfinance participation, there are a few rigorous studies to assess the impact of microfinance on poverty the findings of a set of. The impact of microcredit is a subject of much controversy proponents state that it reduces poverty through higher employment and higher incomes this is expected to lead to improved nutrition and improved education of the borrowers' children some argue that microcredit empowers women in the us and canada, it is. The purpose of this paper is to carry out an empirical analysisof the link that exists between microfinance and povertyalleviation the analysis is driven by literature searches on empiricalworks done by different researchers in different contextsqualitative research methodology was adopted, following a desktopapproach. Nigerian economy in making decisions on how to apply microfinance as a policy measure to eliminate poverty and unemployment among women with a view to promoting inclusive growth and development in nigeria the rest of the paper is structured as follows section two presents the theoretical and literature review. The knowledge accumulated in poor countries can be useful to address poverty problems that still afflict wealthy countries there are, however, impor- tant differences in the working of microfinance across the regions of the world that must be considered as the recent literature has clearly pointed out preliminaries finance.
And poverty by analysing readily available and large sample monitoring data we further argue that the analytical methods applied in this study are cost effective and can be easily scaled up to other mfis section 2 shows a literature review on microfinance and poverty alleviation, and the ppi scorecard section 3 describes. This study is based on primary (direct) and some secondary (literature reviews) sources the two major variables involved in this study are microfinance and poverty the target group of this study as earlier stated was the members of the obazu progressive women association, mbieri owerri imo state in nigeria owerri in. An institution with a very long name (evidence for policy and practice information and co-ordinating centre (eppi-centre) at the social science research unit at the institute of education, university of london) just published a review of the academic literature on the impacts of microfinance in africa.
Literature, on our initial findings and on how best to disseminate this work in order to identify all the relevant literature, we searched systematically for evaluations of micro-credit or micro- savings in sub-saharan africa, looking in three specialist systematic review libraries, 18 electronic online databases. The opinions expressed in this publication are not necessarily those of the eppi- centre or the funders responsibility for the views expressed remains solely with the authors citation gopalaswamy ak, babu ms, dash u (2016) systematic review of quantitative evidence on the impact of microfinance on the poor in south. Literature review on microfinancesubmitted by bchinduja in the case of informal savings instruments targeted to low-income people concludes by examining the future of microfinance microfinance in australia where microfinance is increasingly being referred to as a mechanism for addressing poverty.
1 adb microfinance portfolio 37 2 review of literature 42 3 adb's microfinance operations and the objectives of the special evaluation study 47 4 framework for assessing the impact on households 48 5 list of references 51 6 sampling scheme for the philippine rural microenterprise finance project impact. Literature review 21 introduction this chapter reviews literature which is related to microfinance and poverty reduction the review looks at the primary studies of the influence of microfinance on reducing poverty 22 microfinance formal financial institutions typically do not provide financial services to the poor.
Evidence of the impact of microfinance: a systematic review 2 executive summary background the concept of microcredit was first introduced in bangladesh by nobel peace prize winner muhammad yunus professor yunus started grameen bank (gb) more than 30 years ago with the aim of reducing poverty by. 0 literature review and theoretical issues 31 empirical evidence of the impact of microfinance and poverty reduction empirical evidences and surveys give mixed results on the performance of mfis in some cases debacle stories have been reported, yet there have been success stories in other cases the reasons.
18 structure of the thesis the thesis consists of nine chapters the first chapter provides the introduction of the thesis while chapter 2 presents the conceptual framework and a detailed review of the relevant literature the conceptual framework consists of three parts: the key concepts such as microfinance and poverty,. Literature review islamic microfinance system and poverty alleviation in somaliland 6 chapter two literature review 21 poverty 211 introduction poverty prevalence dates back to the existence of human being poverty has occupied foremost place on human development agendas of.
Literature review 4 objectives and hypothesis 7 methodology 8 development of microfinance in vietnam 9 doi moi 9 reform of microfinance 10 approaches to microfinance 11 poverty reduction approach 11 financial systems approach 12 financial systems approach globally 13 access to microfinance 14. In this study, the researchers enter the debate by reviewing both empirical and normative literature to determine the extent to which microfinance is able to reduce poverty based on insights gained, it is concluded that micro finance is not fulfilling its original mandate of extricating the poor from poverty or vulnerability to it to. A systematic review of evidence from sub-saharan africa london: eppi-centre, social science research unit, university of london link to source author: ruth stewart, carina van rooyen, kelly dickson, mabolaeng majoro and thea de wet region: sub-saharan africa sector: finance sub-sector: microfinance equity. Chapter two deals with the literature review this consist of characteristics of credit market, review of alternative poverty reduction instruments, experience with other poverty reduction projects, evolution of micro finance institutions (mfis) and assessment of the performance of mfis the third chapter states the methodology.
Brau, james c and woller, gary m (2004) microfinance: a comprehensive review of the existing literature, journal of entrepreneurial poverty alleviation not only that, but microfinance offered the potential to alleviate poverty while paying for itself and perhaps even turning a profit—―doing well by doing good‖ this. Impact of microfinance operations on the livelihood of the clients: a review of the existing literature the study emphasized to detect clear-cut impact of microfinance on poverty eradication, livelihood security, and on the role of information and communications technology (ict) system on microfinance operations. Microfinance institutions' failure to address poverty: a narrative critical literature review sigurdur gudjonsson1 abstract this critical literature review begins by giving a short introduction to the microfinance industry microfinance institutions ( mfis) are explained and an account is given of their dual performance goals.