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The successes and challenges of microfinance

In: Handbook of Rural Development

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  • Ian Carrillo

Abstract

Although most countries in the world are rapidly urbanizing, the majority of the global population – particularly the poor – continue to live in rural areas. This Handbook rejects the popular notion that urbanization should be universally encouraged and presents clear evidence of the vital importance of rural people and places, particularly in terms of environmental conservation. Expert contributors from around the world explore how global trends, state policies and grassroots movements affect contemporary rural areas in both developed and developing countries.

Suggested Citation

  • Ian Carrillo, 2013. "The successes and challenges of microfinance," Chapters, in: Gary Paul Green (ed.), Handbook of Rural Development, chapter 11, pages i-ii, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:14970_11
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    References listed on IDEAS

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    1. Shaw, Judith, 2004. "Microenterprise Occupation and Poverty Reduction in Microfinance Programs: Evidence from Sri Lanka," World Development, Elsevier, vol. 32(7), pages 1247-1264, July.
    2. Ahlin, Christian & Lin, Jocelyn & Maio, Michael, 2011. "Where does microfinance flourish? Microfinance institution performance in macroeconomic context," Journal of Development Economics, Elsevier, vol. 95(2), pages 105-120, July.
    3. Boucher, Stephen R. & Barham, Bradford L. & Carter, Michael R., 2005. "The Impact of "Market-Friendly" Reforms on Credit and Land Markets in Honduras and Nicaragua," World Development, Elsevier, vol. 33(1), pages 107-128, January.
    4. DeanS. Karlan, 2007. "Social connections and group banking," Economic Journal, Royal Economic Society, vol. 117(517), pages 52-84, February.
    5. Marguerite S. Robinson, 2001. "The Microfinance Revolution," World Bank Publications - Books, The World Bank Group, number 28956, December.
    6. Jonathan Morduch, 1999. "The Microfinance Promise," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1569-1614, December.
    7. Cull, Robert & Demirgüç-Kunt, Asli & Morduch, Jonathan, 2011. "Does Regulatory Supervision Curtail Microfinance Profitability and Outreach?," World Development, Elsevier, vol. 39(6), pages 949-965, June.
    8. de Janvry, Alain & McIntosh, Craig & Sadoulet, Elisabeth, 2010. "The supply- and demand-side impacts of credit market information," Journal of Development Economics, Elsevier, vol. 93(2), pages 173-188, November.
    9. Robert Cull & Asli Demirguç-Kunt & Jonathan Morduch, 2007. "Financial performance and outreach: a global analysis of leading microbanks," Economic Journal, Royal Economic Society, vol. 117(517), pages 107-133, February.
    10. Jonathan Conning & Jonathan Morduch, 2011. "Microfinance and Social Investment," Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 407-434, December.
    11. Hermes, Niels & Lensink, Robert & Meesters, Aljar, 2011. "Outreach and Efficiency of Microfinance Institutions," World Development, Elsevier, vol. 39(6), pages 938-948, June.
    12. Li, Xia & Gan, Christopher & Hu, Baiding, 2011. "The welfare impact of microcredit on rural households in China," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(4), pages 404-411, August.
    13. Kennedy, Eileen & Peters, Pauline, 1992. "Household food security and child nutrition: the interaction of income and gender of household head," World Development, Elsevier, vol. 20(8), pages 1077-1085, August.
    14. Julius H. Kotir & Franklin Obeng-Odoom, 2009. "Microfinance and Rural Household Development," Journal of Developing Societies, , vol. 25(1), pages 85-105, January.
    15. McIntosh, Craig & Wydick, Bruce, 2005. "Competition and microfinance," Journal of Development Economics, Elsevier, vol. 78(2), pages 271-298, December.
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