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Women - The Microfinance Industry in the past, present and towards the future

Author

Listed:
  • Sigurdur Gudjonsson

    (University of Akureyri)

  • Kari Kristinsson

    (University of Iceland)

Abstract

In this presentation the stage of the microfinance industry in Iceland will be accounted for. Short introduction of the industry in Iceland will be made. Many microfinance institutions have been set up in the developing world causing great success in decreasing poverty in the area. The popularity in these institutions have ben noticed in the developed world and now, many microfinance institutions have been established in the developed west, including in Iceland. While the situation is not the same in Iceland as in the developed world, I will try to answer the following question ,,have the microfinance institutions in Iceland brought prosperity to their borrowers or are they worse off after taking microfinance loans??.

Suggested Citation

  • Sigurdur Gudjonsson & Kari Kristinsson, 2018. "Women - The Microfinance Industry in the past, present and towards the future," Proceedings of International Academic Conferences 8110449, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:8110449
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    File URL: https://iises.net/proceedings/44th-international-academic-conference-vienna/table-of-content/detail?cid=81&iid=019&rid=10449
    File Function: First version, 2018
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    More about this item

    Keywords

    microfinance; poverty; Iceland;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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