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The Microfinance Schism

Jonathan Morduch

Working Papers from Harvard - Institute for International Development

Abstract: Leadind advocates for microfinance have put forward an enticing "win-win" proposition: microfinance institutions that follow the principles of good banking will also be those that alleviate the most poverty. A key tenet is that poor households demand access to credit, not cheap credit. This vision has been translated into "best practices" that have been circulated widely.

Keywords: POVERTY; CREDIT; SAVINGS; SUBSIDIES (search for similar items in EconPapers)
JEL-codes: I38 O16 O17 (search for similar items in EconPapers)
Pages: 15 pages
Date: 1998
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Citations: View citations in EconPapers (11)

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Journal Article: The Microfinance Schism (2000) Downloads
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