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Dilemmas and Directions in Microfinance Research

Ronny Manos, Jean-Pierre Gueyie and Jacob Yaron

Chapter 1 in Microfinance in Developing Countries, 2013, pp 1-21 from Palgrave Macmillan

Abstract: Abstract Associating microfinance with alleviation of poverty has become a truism. Subsequently, the microcredit movement has enjoyed wide support from governments, international development agencies, wealthy philanthropists, renowned financial institutions and even the Noble Peace Prize Committee. Indeed, in awarding the Nobel Peace Prize to Muhammad Yunus and Grameen Bank in 2006, the committee noted that ‘Yunus has, first and foremost through Grameen Bank, developed micro-credit into an ever more important instrument in the struggle against poverty’. Consistent with this trend, success stories abound on the internet and in countless reports of microentrepreneurs who set up successful businesses, lifting their families and neighbouring poor out of poverty.

Keywords: Corporate Social Responsibility; Poverty Alleviation; Earning Quality; Loan Loss; Initial Public Offer (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30192-5_1

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DOI: 10.1057/9781137301925_1

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