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Media type:
E-Book
Title:
Factors Leading to the Malfunctioning of Credit Markets in Less-Developed Economies and the Role of Microfinance Institutions in Poverty Alleviation
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 15, 2009 erstellt
Description:
This mimeo discusses the relative significance of Microfinance to the poor in developed Economies. We analyse different vehicles of microfinance to the poor in less developed Countries (LDCs hereafter). The analysis also covers a global overview for Microfinance activity, and the dominant factors leading to the malfunction of credit lending in the LDCs and its contribution to the persistence of poverty. It concludes with an emphasis on the role of microfinance institutions in availing credit and the importance of innovative perspectives in dealing with conventional hurdles