IDEAS home Printed from https://ideas.repec.org/a/pes/ierequ/v8y2013i1p91-105.html
   My bibliography  Save this article

Activity Of Microfinance Institutions In The Period Of The Global Financial Crisis

Author

Listed:
  • Pawel Galinski

    (University of Gdansk, Poland)

Abstract

The article examines the models of microfinance institutions (MFIs) and some alterations in this field. The regional distribution of MFIs has been shown, as well as their main ties with the real economy against a background of commercial banks. The study also provide some findings on the influence of the financial crisis, which erupted in the late 2007, on the microfinance sector. Therefore, the author analyzed the literature and quantitative data in order to determine these relation-ships.

Suggested Citation

  • Pawel Galinski, 2013. "Activity Of Microfinance Institutions In The Period Of The Global Financial Crisis," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 8(1), pages 91-105, March.
    • Handle: RePEc:pes:ierequ:v:8:y:2013:i:1:p:91-105
    DOI: 10.12775/EQUIL.2013.006
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.12775/EQUIL.2013.006
    Download Restriction: no
    File URL: https://libkey.io/10.12775/EQUIL.2013.006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Craig P. Aubuchon & Rajdeep Sengupta, 2008. "The microfinance revolution: an overview," Review, Federal Reserve Bank of St. Louis, vol. 90(Jan), pages 9-30.
    2. repec:phd:dpaper:dp_2009-24_(revised is not listed on IDEAS
    3. Martin Holtmann, 2008. "Use of Security in Challenging Environments: The Microfinance Perspective," Chapters, in: Frederique Dahan & John Simpson (ed.), Secured Transactions Reform and Access to Credit, chapter 7, Edward Elgar Publishing.
    4. AnneWelle-Strand & Kristian Kjollesdal & Nick Sitter, 2010. "Assessing Microfinance: The Bosnia and Herzegovina Case," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 8(2), pages 145-166.
    5. Gabriel Di Bella, 2011. "The Impact of the Global Financial Crisison Microfinance and Policy Implications," IMF Working Papers 2011/175, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Janda, Karel & Zetek, Pavel, 2014. "Mikrofinanční Revoluce: Aktuální Kontroverze A Výzvy [Microfinance Revolution: Recent Controversies And Challenges]," MPRA Paper 54098, University Library of Munich, Germany.
    2. Brière, Marie & Szafarz, Ariane, 2015. "Does Commercial Microfinance Belong to the Financial Sector? Lessons from the Stock Market," World Development, Elsevier, vol. 67(C), pages 110-125.
    3. Minkyung Kim & K. Sudhir & Kosuke Uetake, 2019. "A Structural Model of a Multitasking Salesforce: Multidimensional Incentives and Plan Design," Cowles Foundation Discussion Papers 2199R, Cowles Foundation for Research in Economics, Yale University, revised Apr 2021.
    4. Gustavo Barboza & Sandra Trejos, 2009. "Micro Credit in Chiapas, México: Poverty Reduction Through Group Lending," Journal of Business Ethics, Springer, vol. 88(2), pages 283-299, September.
    5. Wagner, Charlotte & Winkler, Adalbert, 2013. "The Vulnerability of Microfinance to Financial Turmoil – Evidence from the Global Financial Crisis," World Development, Elsevier, vol. 51(C), pages 71-90.
    6. Jacinta C. Nwachukwu & Aqsa Aziz & Uchenna Tony‐Okeke & Simplice A. Asongu, 2018. "The determinants of interest rates in microfinance: Age, scale and organizational charter," Review of Development Economics, Wiley Blackwell, vol. 22(3), pages 135-159, August.
    7. Janda, Karel & Zetek, Pavel, 2014. "Survey of Microfinance Controversies and Challenges," MPRA Paper 56657, University Library of Munich, Germany.
    8. Mohieldin , Mahmoud & Rostom , Ahmed & Fu, Xiaochen & Iqbal, Zamir, 2012. "The Role of Islamic Finance in Enhancing Financial Inclusion in Organization of Islamic Cooperation (OIC) Countries," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 20, pages 55-120.
    9. Marie Briere & Ariane Szafarz, 2011. "Investment in Microfinance Equity: Risk, Return, and Diversification Benefits," Working Papers CEB 11-050, ULB -- Universite Libre de Bruxelles.
    10. Alberto Lanzavecchia, 2012. "Is microcredit targeted to poor people? Evidences from a Cambodian microfinance institution," "Marco Fanno" Working Papers 0149, Dipartimento di Scienze Economiche "Marco Fanno".
    11. Fatih Ozturk, 2014. "A Comparative Social Enterprise Analysis: Motives, Processes and Barriers (Analiza porownawcza przedsiebiorstw spolecznych – motywy, procesy i bariery)," Research Reports, University of Warsaw, Faculty of Management, vol. 1(17), pages 86-97.
    12. Berhane Tesfay, G. & Gardebroek, Cornelis, 2008. "Joint-liability borrowing decisions under risk: Empirical evidence from rural microfinance in Ethiopia," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44202, European Association of Agricultural Economists.
    13. Wijesiri, Mahinda, 2016. "Weathering the storm: ownership structure and performance of microfinance institutions in the wake of the global financial crisis," Economic Modelling, Elsevier, vol. 57(C), pages 238-247.
    14. Karel Janda & Pavel Zetek, 2015. "Mikrofinanční revoluce: kontroverze a výzvy [Microfinance Revolution: Controversies and Challenges]," Politická ekonomie, Prague University of Economics and Business, vol. 2015(1), pages 108-130.
    15. Sekabira, Haruna, 2013. "Capital Structure and Its Role on Performance of Microfinance Institutions: The Ugandan Case," Sustainable Agriculture Research, Canadian Center of Science and Education, vol. 2(3).
    16. Annan, Anthony & Ciccotello, Conrad S. & Rioja, Felix, 2024. "Sources of funding and performance of microfinance institutions over the life cycle," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    17. Berg, Gunhild & Kirschenmann, Karolin, 2012. "Funding vs. real economy shock : the impact of the 2007-2009 crisis on small firms'credit availability," Policy Research Working Paper Series 6030, The World Bank.
    18. Jorge Mota & António Carrizo Moreira & Cristóvão Brandão, 2018. "Determinants of microcredit repayment in Portugal: analysis of borrowers, loans and business projects," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 17(3), pages 141-171, November.
    19. Sim, Jaehun & Prabhu, Vittaldas, 2017. "A microcredit contract model with a Black Scholes model under default risk," International Journal of Production Economics, Elsevier, vol. 193(C), pages 294-305.
    20. Protap Kumar Ghosh & Sutap Kumar Ghosh, 2017. "Gender Disparity in Functionality and Consequence of Microfinance: Does it Function Currently?," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 7(2), pages 164-174, February.

    More about this item

    Keywords

    microfinance institutions; loans; deposits;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pes:ierequ:v:8:y:2013:i:1:p:91-105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adam P. Balcerzak The email address of this maintainer does not seem to be valid anymore. Please ask Adam P. Balcerzak to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/ibgtopl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.