Microfinance: Its Impact, Outreach, and Sustainability

Niels Hermes*, Robert Lensink

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

163 Citations (Scopus)

Abstract

This symposium brings together recent empirical contributions with respect to a number of related and highly relevant issues on the economics of microfinance. In particular, the contributions provide answers to the following two main questions: (1) does microfinance have an impact on the social and economic situation of the poor in developing nations: and (2) are microfinance institutions sustainable in the long term and is there a trade-off between sustainability and outreach? (C) 2011 Elsevier Ltd. All rights reserved.

Original languageEnglish
Pages (from-to)875-881
Number of pages7
JournalWorld Development
Volume39
Issue number6
DOIs
Publication statusPublished - Jun-2011

Keywords

  • microfinance
  • impact
  • outreach
  • sustainability
  • NORTHEAST THAILAND
  • CREDIT PROGRAMS
  • PANEL-DATA
  • BANGLADESH
  • INSTITUTIONS
  • EFFICIENCY
  • BENEFITS
  • POVERTY
  • GENDER

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