281 AJBMR • Doi Publications
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  • ►RECENT DEVELOPMENTS IN MICROFINANCE AND BEYOND
    Ayi Gavriel Ayayi and Maty Sene

     10.52283/NSWRCA.AJBMR.20140408A02

    ABSTRACT
    This paper surveys recent research on microfinance and suggests directions for future research. New empirical evidence has emerged, and new theoretical models have resolved some issues. The paper selectively examines recent findings, particularly theoretical and empirical works that deal with the financial and social goals that microcredit must fulfill to provide long-term sustainable poverty reduction. Finally, some issues for which new research is needed are identified.
    Keywords: Microfinance, Credit Risk, Outreach and Financial Sustainability, Inclusive finance, Regulation and Supervision, Impact Evaluation, Group Lending, Products, Supply and Demand.

     

    Pages:10-26 :: Download-View
 
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