Literature review on microfinance submitted by bchinduja 1 effects of financial access on savings by low-income people: fernando aportelo, bank of mexico december 1999. Literature review on microfinancesubmitted by bchinduja effects on households' saving rates and on different informal savings instrumen. Microfinance, if any, with reference to pakistan more specifically, the study will focus on impact of microfinance on the various income groups including poor. The study aimed at improving access to quality education and involved literature review, in depth interviews, focus group discussions and field visits to remote districts of southern punjab and interior sindh. An institution with a very long name (evidence for policy and practice information and co-ordinating centre (eppi-centre) at the social science research unit at the institute of education, university of london) just published a review of the academic literature on the impacts of microfinance in africa.
Study attempts to give an overview of islamic micro finance development in muslim countries while focusing on its operations in pakistan it takes a case study of akhuwat, an islamic microfinance organization. Literature review a number of studies have attempted to examine the role of microfinance on poverty alleviation and income generation by using different methodologies. Pakistan business review april 2013 impact of village group financial services research 1 introduction microfinance is a form of financial development that primarily focuses on alleviating. Microfinance is a term used by many in different domains to fight poverty poverty is a syndrome that is affecting the developing countries and especially in sub saharan africa.
Literature review on microfinance providers was established which in 2001 was given the status of a formal organization called the pakistan microfinance network. Microfinance and microfinance institutes microfinance is a big terminology which is used to provide the financial services to the poor people of 3 rd world, in form of individual loan, group loans, micro leasing, micro loans, micro insurance and the. A literature review is often the last thing which is written in a thesis, even though it is usually the first or second chapter the reason is that the literature review is closely related to the research that is completed, so it cannot be written until the full set of results from research is available.
The growing body of literatures about the microfinance and its impact on poverty, there are counter growing criticisms against microfinance in issues such as reaching the poor, unchanged poverty level, high interest rate, brutality in repayment processes, financial sustainability, and women empowerment. The microfinance sector in pakistan at the micro and macro levels for this research, we first conducted an in-depth literature review, and then supplemented it by interviewing key. Poverty and social impact assessment: pakistan microfinance policy | 11 gains it has made during the years since the passing of the mf ordinance in 2001, and is ready to embark on a major expansion in size and scope, given the right conditions.
Literature review 21, effect of micro-finance on poverty reduction the types of micro - finance used in the islamic part of the world include the islamic micro - finance and the. Literature review: dean and khan (1997), khan (2008) pakistan is one of the predominantly muslim countries of the world and the poor people can not only be helped by micro finance but. Literature review people normally perceive microfinance as an ideal solution to the economic problems for the developing countries (nyassi, 2009) and it has been cited as a helpful instrument for.
Literature review for selected microfinance industry development researches is presented the study shows that an increasing volume of microfinance industry development researches have been conducted in diverse range of areas. Objectives general: to review and develop outlines for islamic microfinance systems and products aligned with the microenterprise environment in pakistan that could enhance inclusion on sustainable basis. Literature review microfinance is simply defined as the financial services for the poor (helms 2004) as a country that just gained independence from pakistan.
Review of problem several authors have contributed towards highlighting the factors which contribute towards the development of microfinance and measuring the impact of these factors in various parts of the world (albert, 2010), ( tareen , 2011), ( qureshi & heart, 2012), and (harris, 2012. Literature review on sources of loans in malaysia according to 2010 cia world factbook estimates in 2009, malaysia has population of 25,715,819 the unemployment rate has increased from 3325% in year 2008 to 5% in year 2009. 20 literature review the literature review will first look at the concept of entrepreneurship, and then go on to look at female entrepreneurship and associated definitions. The new microfinance handbook fills a critical gap in the current literature on financial inclusion i am i am particularly pleased with the explicit focus on consumers and their needs—this, together with the.