IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-16-4329-3_2.html
   My bibliography  Save this book chapter

Global Recession and Microfinance Institutions: Challenges and Opportunities

In: Microfinance to Combat Global Recession and Social Exclusion

Author

Listed:
  • Avijit Brahmachary

    (Barrackpore Rastraguru Surendranath College)

Abstract

Microfinance has now evolved as a strategic movement in developing and underdeveloped nations and emerged as a development programme with diverse ideas, products and services. It is not just a government sponsored project, commercialization of the programme has opened multiple opportunities to the Micro Financial Institutions (MFIs). There is no doubt that microfinance sector is supposed to be affected directly or indirectly during the crisis in the global or regional financial markets with varied degrees. The effects of financial crisis are not same for all microfinance institutions throughout all the countries and depend on the demand for microfinance, repayment performance, income and expenditure of the institutes. Though, the blow of the crisis in organized banking sector was severe, the wound on microfinance sector is mixed in nature. In this chapter, we have tried to examine the performance of a few selected Microfinance Institutions to assess the impact of global financial crisis on these institutions. The secondary data analysis elicits that those institutions who offer multiple services such as savings, insurance, training etc. simultaneously are less affected and struggled hard to keep the organizational spine straight at the outset of crisis.

Suggested Citation

  • Avijit Brahmachary, 2022. "Global Recession and Microfinance Institutions: Challenges and Opportunities," Springer Books, in: Ramesh Chandra Das (ed.), Microfinance to Combat Global Recession and Social Exclusion, chapter 0, pages 11-27, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-4329-3_2
    DOI: 10.1007/978-981-16-4329-3_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:sprchp:978-981-16-4329-3_2. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.