The Microfinance Background

Roberto Moro-Visconti ()
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Roberto Moro-Visconti: Catholic University of the Sacred Heart
Authors registered in the RePEc Author Service: Roberto Moro Visconti

Chapter Chapter 2 in MicroFinTech, 2021, pp 9-55 from Palgrave Macmillan

Abstract: Abstract This chapter analyzes the microfinance background to provide a framework for MicroFinTech applications. The description starts with an analysis of the economic lives of the poor, showing why traditional banking is unfit for their needs. The key features of microfinance are described, together with its governance concerns.

Keywords: Credit history; Informal; Inequality; Economic lives of the poor; Microfinance background; Traditional banking; Moneylenders; Group lending (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-030-80394-0_2

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DOI: 10.1007/978-3-030-80394-0_2

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