Publish in OALib Journal

ISSN: 2333-9721

APC: Only $99


Any time

2020 ( 2 )

2019 ( 19 )

2018 ( 27 )

2017 ( 13 )

Custom range...

Search Results: 1 - 10 of 1528 matches for " Microfinance Institutions "
All listed articles are free for downloading (OA Articles)
Page 1 /1528
Display every page Item
Bridging the SME Financing Gap in Ghana: The Role of Microfinance Institutions  [PDF]
Isaac Quaye, Eugene Abrokwah, Alfred Sarbah, Joseph Yaw Osei
Open Journal of Business and Management (OJBM) , 2014, DOI: 10.4236/ojbm.2014.24040
Abstract: Financing Small and Medium-Scale Enterprises (SMEs) to achieve the desirable growth and expansion has been topical for governments, policymakers, non-governmental organizations (NGOs), financial and non-financial institutions. The recent upsurge in the interest of finding ways of bridging the financing gap faced by SMEs by these stakeholders have been necessitated by the enormous contributions of SMEs to the economic development and growth of countries in areas of job creation, GDP and entrepreneurial skill development. This research therefore sought to access the role of one of the stakeholders, microfinance institutions (MFIs) in helping to bridge the financing gap faced by SMEs in Ghana. The research established that there was indeed the existence of SME financing gap in the country as most of them were denied access to credit by commercial banks and other financial institutions. The research revealed that the operations of microfinance institutions (MFIs) are having positive impact on SMEs. The study also revealed some risk mitigation tools used by MFIs in granting loans to SMEs which included provision of collateral security in the form of land or any other valuable asset, business records, credit history among others. The research concluded with some recommendations on how the SME financing gap can further be bridged by MFIs and other stakeholders which included provision of support services to SMEs by MFIs such as training services in credit management as well as the need for MFIs to improve service delivery such as faster loan approval times.
Better Micro Financers in Pakistan, Banks or Financial Institutions
Muhammad Imtiaz Subhani,Amber Osman
Acta Universitatis Danubius : Oeconomica , 2011,
Abstract: The paper is an emphasis on the financial sustainability of micro financing in Pakistanwhere Banks and institution use different products & services that help in reducing the poverty bycoping up with subjective & objective poverty, this study found that banks were morecommercialized in terms of payback & interest rates while engaged in micro financing but despitethat Banks are endeavoring more ventures to uplift poverty in Pakistan through micro financing topoor.
O desempenho social das institui??es de microfinan?as em Mo?ambique
Dias,Jo?o Ferreira; Psico,José Augusto Tomo;
Economia Global e Gest?o , 2008,
Abstract: the microfinances are an instrument to overcome the financial restrictions of low income people so that their capacities can be developed. this activity of financial inclusion must be sustainable and can be income-producing. there are several studies about the impact of the microfinances on the beneficiary individuals and about the financial sustainability of the microfinance institutions (imfs). the present study deals with a non-common subject: the social performance of the imf, that is with real implementation of the imf's mission. for this we used the instrument spi developed by cerise to evaluate the performance of the imfs in mozambique. this results show a geographical concentration in the main towns and an average social performance that lacks improvement. in comparison with the international results mozambican's average is lower.
Indian Microfinance Crisis
Parikshit Kabra
Opticon1826 , 2011, DOI: 10.5334/opt.111111
Abstract: Suppose you were shot in the hand. The doctor gives you two choices: he can either remove the bullet and heal your hand with proper care, or he could amputate and remove the source of the problem. The Andhra Pradesh (a State in India) government would advise you to take the latter option.
Revista Facultad de Ciencias Económicas: Investigación y Reflexión , 2011,
Abstract: this article exposes economic benefits from funding space available for low income population in the country. also, it shows various practical interpretations on real possibilities of microcredit as a development tool, comparing characteristic elements from grameen bank experience in relation to microcredit institutionalization in colombia. the problem of micro-financing is examined in the light of conventional economic analysis. from that perspective institutional environment elements are treated in various countries, then a colombian review is presented. finally, a series of representative indicators of microcredit are explored. the assessed indicators suggest that there is space for microcredit expansion with profitable conditions; it is convenient to do further research emphasizing on the magnitude and impact of such growth on the general economy.
User Satisfaction and Acceptance of Web Based Marketing Information System among Microfinance Institutions in Nairobi Region, Kenya
Silvance O. Abeka
International Journal of Academic Research in Business and Social Sciences , 2012,
Abstract: Acceptance of web based marketing information system has remained a topic of interest for a last few decades. Several theories, specifically over the conceptualisation of the technology acceptance model (TAM) have emerged and they have been applied in different contexts to investigate new insights into the acceptance behaviour at individual and organisational levels. The purpose of this paper is to determine whether a relationship exist between user satisfaction and acceptance of web based marketing information system (MKIs) among micro- finance institutions in Nairobi Region, Kenya. Anonymous and self-administered questionnaires were distributed to 383 respondents. A total of 370 usable responses were received, resulting in a response rate of 96.6% which was considered satisfactory for subsequent analysis. Due to the quantitative nature of the study, the results are analysed with statistical measures. The results indicated that Satisfaction was influential determinant of acceptance with t= 5.1568, p- value= 0.005 at 1% significant level. Theoretical contributions and practical implications of the findings are discussed and suggestions for future research are presented.
Targeted Sensitization as a Strategy to Reducing Loan Default in Microfinance Bank Operations in Yola, Adamawa State, Nigeria  [PDF]
Shuaib Jalaludeen, Ferdinand Che, Fatima Jalal-Eddeen
Open Access Library Journal (OALib Journal) , 2018, DOI: 10.4236/oalib.1104275
Background: In Nigeria and other developing countries, the main reason for poverty and uneven income and wealth distribution is low economic growth performance and low labor returns amongst others. The growing gap between the rich and the poor in the developing countries is alarming hence the need for government and policy makers to focus more toward ensuring a fair distribution of wealth among its populace. Although progress has been made toward poverty reduction in Nigeria, still more needs to be done to narrow this unacceptable gap so as to achieve the needed economic and social growth for society to thrive. In an attempt to address this gap, the central bank of Nigeria came up with the microfinance policy in 2004 and the sole purpose was to give micro, small and medium enterprises access to informal financial services to boost their capacity towards economic growth and development. However, the biggest threat to operations of the microfinance institutions is loan default, a situation where the clients do not fulfill payment of their credit facilities when due. Methods: This mixed method cross-sectional study used a questionnaire to collect responses from eligible persons. The participants in the survey are clients from three randomly selected microfinance institutions in Yola, Adamawa State, Nigeria. The collated data were analyzed using SPSS version 24 and simple Microsoft Excel to look at reasons for defaulting loan repayment and whether targeted sensitization has any significant role in reducing loan default rates. Results: Out of the 150 (100%) questionnaires distributed, 70 (46.7%) were returned and used for the analysis. Reasons for default in repayments revealed short repayment period (40%), multiple loans (11.43%), high-interest rates (2.86%), family obligations (20%) and poor business turnover (25.71). Of the 52.86 percent of the respondents who claim they were contacted by their respective microfinance institutions for sensitization programs, 94.74 percent found the sensitization program helpful. Conclusion: This study has underscored the importance of targeted sensitization as an important strategy in reducing loan defaults in microfinance operations. Similarly, there is the need for further studies to look at the impact of multiple borrowing on loan repayment by the clients.
Green microfinance promoting green enterprise development
Rouf, Kazi Abdur
International Journal of Research Studies in Management , 2012,
Abstract: Microcredit is a well known tool to address the issue of poverty that is a condition that affects the bottom fifty percent of people. Microcredit alleviates poverty by engaging communities in microloans and micro-businesses so that they may earn income. This new microeconomic determination program is expanding all over the world to develop economic growth in people’s lives; however, if microfinance institutions are not controlled and they are provided to people who practice unsafe and non-eco-friendly businesses, the effect could be a minimalist microcredit approach that is unable to promote sustainable business development. To understand microcredit and renewable energy programs for green development, the researcher visited and studied Grameen Bank of Bangladesh; Grameen Shokti’s Renewable Energy Project in winter 2008 and had an internship at the Alterna Savings’ Community Micro-Loan Funds program in Toronto in the summer and fall of 2007 respectively. This paper envisions a comparison and contrasting of the Grameen Bank and Grameen Shokti credit systems (Bangladesh) with Alterna Savings credit programs (Canada) and its impact on Toronto’s local living economics and environmental development. Results show that within the two sample cases, microcredits are positive to environmental sustainable development.
Determinants for participation in a public health insurance program among residents of urban slums in Nairobi, Kenya: results from a cross-sectional survey
James K Kimani, Remare Ettarh, Catherine Kyobutungi, Blessing Mberu, Kanyiva Muindi
BMC Health Services Research , 2012, DOI: 10.1186/1472-6963-12-66
Abstract: The study used data from the Nairobi Urban Health and Demographic Surveillance System in two slums in Nairobi city, where a total of about 60,000 individuals living in approximately 23,000 households are under surveillance. Descriptive statistics and multivariate logistic regression analysis were used to describe the characteristics of the sample and to identify factors associated with participation in the NHIF program.Only 10% of the respondents were participating in the NHIF program, while less than 1% (0.8%) had private insurance coverage. The majority of the respondents (89%) did not have any type of insurance coverage. Females were more likely to participate in the NHIF program (OR = 2.4; p < 0.001), while respondents who were formerly in a union (OR = 0.5; p < 0.05) and who were never in a union (OR = 0.6; p < 0.05) were less likely to have public insurance coverage. Respondents working in the formal employment sector (OR = 4.1; p < 0.001) were more likely to be enrolled in the NHIF program compared to those in the informal sector. Membership in microfinance institutions such as savings and credit cooperative organizations (SACCOs) and community-based savings and credit groups were important determinants of access to health insurance.The proportion of slum residents without any type of insurance is high, which underscores the need for a social health insurance program to ensure equitable access to health care among the poor and vulnerable segments of the population. As the Kenyan government moves toward transforming the NHIF into a universal health program, it is important to harness the unique opportunities offered by both the formal and informal microfinance institutions in improving health care capacity by considering them as viable financing options within a comprehensive national health financing policy framework.Social health protection systems are mechanisms that countries use to address the challenges related to providing access to health care services
O desempenho social das institui es de microfinan as em Mo ambique Social performance evaluation of the microfinance institutions in Mozambique
Jo?o Ferreira Dias,José Augusto Tomo Psico
Economia Global e Gest?o , 2008,
Abstract: As microfinan as s o um instrumento de supera o das restri es financeiras e correlativas dos mais carenciados, para que as suas capacidades se possam desenvolver. Esta actividade de inclus o financeira deve ser sustentável e pode ser rentável. Inúmeros estudos foram efectuados sobre o impacto das microfinan as, ao nível local e dos indivíduos beneficiários, bem como sobre a sustentabilidade financeira dessas institui es. O presente estudo trata dum assunto pouco analisado: o desempenho social das institui es de microfinan as (IMFs), ou seja a sintonia entre a dimens o social da miss o estratégica e a actua o concreta das IMFs. Para tal utilizámos o instrumento SPI - Social Performance Indicators, cedido pelo CERISE para avaliar o desempenho das institui es de microfinan as em Mo ambique. A amostra é constituída por sete IMFs mo ambicanas que representam 80% da carteira em Mo ambique. Os resultados mostram uma grande concentra o nas principais zonas urbanas e um desempenho social médio que carece de melhoria. Em compara o com os resultados internacionais a média Mo ambicana é inferior. The microfinances are an instrument to overcome the financial restrictions of low income people so that their capacities can be developed. This activity of financial inclusion must be sustainable and can be income-producing. There are several studies about the impact of the microfinances on the beneficiary individuals and about the financial sustainability of the microfinance institutions (IMFs). The present study deals with a non-common subject: the social performance of the IMF, that is with real implementation of the IMF's mission. For this we used the instrument SPI developed by CERISE to evaluate the performance of the IMFs in Mozambique. This results show a geographical concentration in the main towns and an average social performance that lacks improvement. In comparison with the international results Mozambican's average is lower.
Page 1 /1528
Display every page Item

Copyright © 2008-2017 Open Access Library. All rights reserved.