Advanced Search
MyIDEAS: Login to save this paper or follow this series

The Impact of Microfinance Interventions: A Meta-analysis

Contents:

Author Info

  • Sefa K. Awaworyi

Abstract

The evidence base on the impact of microfinance interventions is quite large and is accompanied by a high level of heterogeneity making it difficult to draw a general conclusion on the effects of microfinance. Based on 1,111 extracted estimates of microfinance's effects from 31 individual studies, we address this challenge using meta-analysis tools to synthesize the evidence on the impact of microfinance on poverty, empowerment, microenterprises, education and health. After controlling for within and between-study dependence and publication selection bias, precision effect and funnel asymmetry test (PET/FAT) results indicate that microfinance generally has a positive effect on indicators like assets, income, women's status, education and consumption/expenditure. On the other hand, after controlling for moderating variables, multivariate meta-regression analysis (MRA) results report a marginal adverse effect of microfinance on poverty measured by assets, income and consumption/expenditure, but a moderate positive effect on microenterprises is observed. MRA results also support the evidence presented by the PET/FAT analysis for microfinance and empowerment after controlling for moderating variables; however, adverse effects are observed for education and health.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.buseco.monash.edu.au/eco/research/papers/2014/0314impactawaworyi.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Monash University, Department of Economics in its series Monash Economics Working Papers with number 03-14.

as in new window
Length: 59 pages
Date of creation: Apr 2014
Date of revision:
Handle: RePEc:mos:moswps:2014-03

Contact details of provider:
Postal: Department of Economics, Monash University, Victoria 3800, Australia
Phone: +61-3-9905-2493
Fax: +61-3-9905-5476
Email:
Web page: http://www.buseco.monash.edu.au/eco/
More information through EDIRC

Order Information:
Email:
Web: http://www.buseco.monash.edu.au/eco/research/papers/

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:mos:moswps:2014-03. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Simon Angus).

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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