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Microfinance as an Approach to Development in Low Income Countries

Author

Listed:
  • Bangoura, Lansana

    (Attached Temporary Teaching and Research, Universit y of Rennes 2, France.)

Abstract

The paper examines the link between microfinance and the fight against poverty in developing countries. It explores the issues and the limits of the major approaches (welfarist and institutionalist) in microfinance and presents different forms of contract in microfinance. It further analyses the current status of microfinance in developing countries, its characteristics, and its articulation with the policies against poverty and inequality. Recent policies against poverty, advocated by both the donors and developing countries, view the microfinance sector as a key tool of public policy by establishing regulatory frameworks and framing national policies relating to microfinance

Suggested Citation

  • Bangoura, Lansana, 2012. "Microfinance as an Approach to Development in Low Income Countries," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 35(4), pages 87-111, December.
    • Handle: RePEc:ris:badest:0547
    as

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    References listed on IDEAS

    as
    1. Khandker, S.R. & Khalily, B. & Khan, Z., 1995. "Grameen Bank: Performance and Sustainability," World Bank - Discussion Papers 306, World Bank.
    2. Valérie De Briey, 2005. "Plein feu sur la microfinance en 2005 !," Regards économiques 28, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    3. Ghatak, Maitreesh & Guinnane, Timothy W., 1999. "The economics of lending with joint liability: theory and practice," Journal of Development Economics, Elsevier, vol. 60(1), pages 195-228, October.
    4. Hossain, Mahabub, 1988. "Credit for alleviation of rural poverty: the Grameen Bank in Bangladesh," Research reports 65, International Food Policy Research Institute (IFPRI).
    5. Gore, Charles, 2000. "The Rise and Fall of the Washington Consensus as a Paradigm for Developing Countries," World Development, Elsevier, vol. 28(5), pages 789-804, May.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

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    3. José L. Fernández Sánchez & María D. Odriozola & Elisa Baraibar‐Diez, 2024. "How the method for delivering loans impacts on the economic efficiency of microfinance institutions," Global Policy, London School of Economics and Political Science, vol. 15(S1), pages 92-102, March.

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    More about this item

    Keywords

    Microfinance; Economic Development; Poverty Allevi ation; Microfinance Institutions;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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