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The microfinance schism

delete2000-04-01
delete476
PRE
AI
J
Jonathan Morduch *
DOI:10.1016/S0305-750X(99)00151-5delete
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摘要

摘要

En 中文
Leading advocates for microfinance have put forward an enticing win-win proposition: microfinance institutions that follow the principles of good banking will also be those that alleviate the most poverty. This vision forms the core of widely-circulated best practices, but as a general proposition the vision is fully supported neither by logic nor by the available empirical evidence. Recognizing the limits to the win-win proposition is an important step toward reaching a more constructive dialogue between microfinance advocates that privilege financial development and those that privilege social impacts. (C) 2000 Elsevier Science Ltd. All rights reserved.
Keyword:
poverty
credit
microenterprise
Bangladesh
Indonesia

期刊

World Development 封面图
World Development
IF:
4.8
论文数:
8.1K
被引数:
3.1W

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