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A cross-country analysis to investigate the true role of microfinance institutions in developed and developing economies

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  • Muhammad Sajid Saeed

Abstract

It is perceived that the microfinance institutions (MFIs) served millions of poor people by providing them easy access to loans with better repayment rates. The purpose of this study is to conduct a cross-country comparison among three Asian developing countries (Bangladesh, Pakistan, and India) and two developed economies (UK and USA) to evaluate the effectiveness of their MFIs in serving low-income people. The microfinance data for six years from 2006 to 2011 are collected from authentic sources. The findings of the study reveal that Bangladesh and India are comparatively ahead of other nations in serving poor people by providing them microcredits.

Suggested Citation

  • Muhammad Sajid Saeed, 2014. "A cross-country analysis to investigate the true role of microfinance institutions in developed and developing economies," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 4(2), pages 176-191, April.
    • Handle: RePEc:taf:jsustf:v:4:y:2014:i:2:p:176-191
    DOI: 10.1080/20430795.2014.883301
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    Cited by:

    1. Maria Carolina Rezende de Carvalho Ferreira & Vinicius Amorim Sobreiro & Herbert Kimura & Flavio Luiz de Moraes Barboza, 2016. "A systematic review of literature about finance and sustainability," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 6(2), pages 112-147, April.

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