Private funding of microcredit schemes: Much ado about nothing?

$54.78 plus tax (Refund Policy)

Buy Article:

Abstract:

Microcredit, defined as small loans to people who have no regular access to credit, is an innovative strategy in the fight against poverty. Microcredit institutions can obtain funding from private institutional investors (PIIs) that channel funds from donors, private lenders, and socially responsible investors. Private financing of development aid is likely to become more important and microcredit presents an investment opportunity within this context. Microcredit institutions (MCIs) need to become more transparent, however, and require more incentive to seek commercial funding rather than relying on subsidies. With better information about MCIs, PIIs could achieve more impact with their investment.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/09614520500076027

Affiliations: Department of Accountancy and Finance, College of Economics and Business Studies, University of Zaragoza, Gran Vía 2, 50005, Zaragoza, Spain

Publication date: June 1, 2005

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more