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The microfinance revolution has transformed access to financial services for low-income populations worldwide. As a result, it has become one of the most talked-about innovations in global development...
We examine the heterogeneous effects of globalization on the interest rate setting by microfinance institutions (MFIs) around the world. We consider MFIs as a mechanism to overcome the institutional v...
Agricultural output in developing countries still represents a substantial part of the GDP. This ratio has actually increased in some areas such as the Latin America. As such, there is an increasing i...
By adopting microfinance as a core component in their development aid programmes, non-governmental organizations (NGOs) and other development groups aim to reduce poverty and also, raise the status of...
European countries use microfinance as an instrument of development cooperation in three separate forms, which differ in the financial flow. In the first type, the government transfers grant money to ...
Advocates of microfinance argue that Microfinance is a powerful to alleviate poverty. In recent times, however, many studies do suggest that the reality promise of microfinance may be less attractive...
The aim of this paper is to clarify the problems of microfinance and the sustainability of microfinance institutions (MFI) in financial crisis. We find, that MFIs are often considered as one of the mo...

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