IDEAS home Printed from https://ideas.repec.org/a/rnd/arjsds/v9y2018i2p6-21.html

Microfinance as a Strategy of Empowering the Conflict-Affected Communities in Sri Lanka

Author

Listed:
  • H.M.W.A Herath

Abstract

The objective of this paper is to assess the capability of microfinance as a tool of reconciliation through economic activity generation and empowerment in the conflict-affected communities in the Northern and Eastern regions of Sri Lanka. The principal data collection tools for this study were Focus Group Discussions and Key Informant Interviews. The impact of microfinance engagement is in varying degrees with certain areas and groups showing evidence of receiving more beneficial impacts compared to others. It also showed very high involvement of women and those women who are active namely, those from groups above the very poor and those who have comparatively better educational levels. We found that microfinance intervention has both tangible and also created other intangible benefits on clients. The post-conflict Northeastern region is not a monolithic entity and there are a number of diverse groups of potential beneficiaries with different needs, skills, capacities and opportunities. Therefore, microfinance initiatives need to consider these situations and develop their interventions accordingly.

Suggested Citation

  • H.M.W.A Herath, 2018. "Microfinance as a Strategy of Empowering the Conflict-Affected Communities in Sri Lanka," Journal of Social and Development Sciences, AMH International, vol. 9(2), pages 6-21.
    • Handle: RePEc:rnd:arjsds:v:9:y:2018:i:2:p:6-21
    DOI: 10.22610/jsds.v9i2.2377
    as

    Download full text from publisher

    File URL: https://ojs.amhinternational.com/index.php/jsds/article/view/2377/1658
    Download Restriction: no
    File URL: https://ojs.amhinternational.com/index.php/jsds/article/view/2377
    Download Restriction: no
    File URL: https://libkey.io/10.22610/jsds.v9i2.2377?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. Stijn Claessens, 2006. "Access to Financial Services: A Review of the Issues and Public Policy Objectives," The World Bank Research Observer, World Bank, vol. 21(2), pages 207-240.
    2. Saqib Muneer & azhar Ali & Rao Abrar Ahmad, 2017. "Impact of Financing on Small and Medium Enterprises (SMEs) Profitability with Moderating Role of Islamic Finance," Information Management and Business Review, AMH International, vol. 9(2), pages 25-32.
    3. Reynaldo Marconi & Paul Mosley, 2006. "Bolivia during the global crisis 1998-2004: towards a 'macroeconomics of microfinance'," Journal of International Development, John Wiley & Sons, Ltd., vol. 18(2), pages 237-261.
    4. Morduch, Jonathan, 2000. "The Microfinance Schism," World Development, Elsevier, vol. 28(4), pages 617-629, April.
    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. Sana Ben Abdessalem Kacem & Sonia Ghorbel Zouari, 2013. "The determinants of access to financial services for micro-credit associations: Application on Tunisian case," E3 Journal of Business Management and Economics., E3 Journals, vol. 4(2), pages 031-046.
    2. Antonio Andreoni, 2013. "Microfinance," Chapters, in: Luigino Bruni & Stefano Zamagni (ed.), Handbook on the Economics of Reciprocity and Social Enterprise, chapter 22, pages 227-237, Edward Elgar Publishing.
    3. Junyon Im & Sunny Sun, 2015. "Profits and outreach to the poor: The institutional logics of microfinance institutions," Asia Pacific Journal of Management, Springer, vol. 32(1), pages 95-117, March.
    4. Michael King, 2012. "The Unbanked Four-Fifths: Informality and Barriers to Financial Services in Nigeria," The Institute for International Integration Studies Discussion Paper Series iiisdp411, IIIS.
    5. Dimelis, Sophia & Giotopoulos, Ioannis & Louri, Helen, 2015. "Can firms grow without credit?: evidence from the Euro Area, 2005-2011: a quantile panel analysis," LSE Research Online Documents on Economics 61157, London School of Economics and Political Science, LSE Library.
    6. Mr. Alexei P Kireyev, 2013. "Inclusive Growth and Inequality in Senegal," IMF Working Papers 2013/215, International Monetary Fund.
    7. N'dri, Lasme Mathieu & Kakinaka, Makoto, 2020. "Financial inclusion, mobile money, and individual welfare: The case of Burkina Faso," Telecommunications Policy, Elsevier, vol. 44(3).
    8. kemdong nicodeme TENEKEU, 2020. "Factors affecting sustainability of microfinance institutions in Cameroon," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 11(1), pages 122-138, June.
    9. Kieran Donaghue, 2004. "Microfinance in the Asia Pacific," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 18(1), pages 41-61, May.
    10. Wonhyung Lee & Nurul Widyaningrum, 2019. "Multidimensional access to financial services: Insights from Indonesia," Progress in Development Studies, , vol. 19(1), pages 21-35, January.
    11. Richard Disney & Eleonora Fischera & Trudy Owens, 2010. "Has the Introduction of Microfinance Crowded-out Informal Loans in Malawi?," Discussion Papers 10/08, University of Nottingham, CREDIT.
    12. D’Espallier, Bert & Goedecke, Jann & Hudon, Marek & Mersland, Roy, 2017. "From NGOs to Banks: Does Institutional Transformation Alter the Business Model of Microfinance Institutions?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 89, pages 19-33.
    13. Dufhues, Thomas & Buchenrieder, Gertrud & Munkung, Nuchanata, 2012. "Individual social capital and access to formal credit in Thailand," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 123401, International Association of Agricultural Economists.
    14. Gallego-Losada, María-Jesús & Montero-Navarro, Antonio & García-Abajo, Elisa & Gallego-Losada, Rocío, 2023. "Digital financial inclusion. Visualizing the academic literature," Research in International Business and Finance, Elsevier, vol. 64(C).
    15. Thakurata, Indrajit & D'Souza, Errol, 2018. "Child labour and human capital in developing countries - A multi-period stochastic model," Economic Modelling, Elsevier, vol. 69(C), pages 67-81.
    16. Hudon, Marek & Périlleux, Anaïs, 2014. "Surplus distribution and characteristics of social enterprises: Evidence from microfinance," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(2), pages 147-157.
    17. Erwan Le Saout, 2017. "Performance of the Microfinance Investment Vehicles," Applied Economics and Finance, Redfame publishing, vol. 4(6), pages 42-52, November.
    18. Ogochukwu Edith Nkamnebe & Abimbola Oluwaseun Oladipo, 2024. "Impact of Microcredit on Income and Social Status of Rural Women Microentrepreneurs in Southeast Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 3521-3532, August.
    19. de Oliveira Leite, Rodrigo & dos Santos Mendes, Layla & de Lacerda Moreira, Rafael, 2020. "Profit status of microfinance institutions and incentives for earnings management," Research in International Business and Finance, Elsevier, vol. 54(C).
    20. Annabel Vanroose, 2014. "Factors that explain the regional expansion of microfinance institutions in Peru," Working Papers CEB 14-030, ULB -- Universite Libre de Bruxelles.

    More about this item

    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:rnd:arjsds:v:9:y:2018:i:2:p:6-21. 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: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/jsds .

    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.