Catalogue Search | MBRL
Are you sure you want to remove the book from the shelf?
{{itemTitle}}
14,518
result(s) for
"MICROFINANCE INDUSTRY"
Sort by:
Access for all : building inclusive financial systems
Unlock the transformative power of microfinance for global poverty reduction.This insightful title explores how to build inclusive financial systems that empower the poor and drive economic growth in developing countries.Drawing on a decade of CGAP experience, it offers a comprehensive framework for expanding access to financial services for all.
eBook
Intellectual capital: company's invisible source of competitive advantage
Purpose - The purpose of this paper is to examine the individual contribution of intellectual capital elements to competitive advantage. It aims to explore the extent to which intellectual capital elements can explain competitive advantage in Uganda's microfinance industry.Design methodology approach - Hierarchical regression was used because of its capacity to indicate precisely what happens to the model as different predictor variables are introduced.Findings - This study confirms that the three intellectual capital elements are strong predictors of competitive advantage and they account up to 44 percent of variance in competitive advantage. Their order of importance in explaining the variance in competitive advantage (basing on their standardized beta values) is: structural capital, human capital and relational capital.Research limitations implications - Only a single research methodological approach was employed and future research through interviews could be undertaken to triangulate. Furthermore, the findings from the present study are cross-sectional, future research should be undertaken to examine the effects of these variables across time.Practical implications - The managers of microfinance firms need to appreciate that the rise of intellectual capital in the industry is unavoidable, given the competitive and technological forces that are sweeping the twenty-first century.Originality value - This is the first study that focuses on testing the individual influence of intellectual capital elements on competitive advantage in Uganda microfinance industry.
Journal Article
Social capital: mediator of social intermediation and financial services access
Purpose - The paper examined the mediating effect of social capital in the relationship between social intermediation and financial services in Ugandan micro finance industry. The purpose of this paper is to establish the role of social capital in the relationship between social intermediation and financial services access. Design/methodology/approach - The paper adopted the MedGraph program, Sobel tests and Kenny and Baron approach to test for mediation effects. Findings - It is clear that the true drivers of access to financial services in the micro finance industry are social intermediation and social capital. However, social capital exhibits partial form of mediation in the relationship between social intermediation and access to financial services. Research limitations/implications - A single research methodological approach was employed in the study. Owing to limitations associated therein, future research through interviews could be undertaken to triangulate. Practical implications - Since social capital is found to be a causal chain in the relation between social intermediation and financial serves access in this study, managers in the micro finance industry should endeavor to reinforce agents of social capital (i.e. trust and social networks) since the lending relationships between the micro-finance operators and marginalized communities are driven by social collateral. Originality/value - This is the first study that focuses on testing the mediating effect of social capital in the relationship between social intermediation and financial services access in the Ugandan microfinance industry.
Journal Article
Government guarantees : allocating and valuing risk in privately financed infrastructure projects
A practical guide to managing fiscal risk in privately financed infrastructure projects. This resource helps governments make informed decisions about offering guarantees, which can be essential for attracting private investment but pose significant fiscal risks.
Drawing on finance, history, economics, and psychology, it reviews the history of government guarantees and identifies cognitive and political obstacles to good decisions. It develops a framework for judging when governments should bear risk, explains how to value guarantees, and discusses public-sector management modifications to improve decision quality.
Benefits include:
* Improved risk allocation in public-private partnerships
* Better management of fiscal risks
* Enhanced decision-making regarding guarantees
This is for governments, policymakers, infrastructure investors, and public finance professionals seeking to optimize infrastructure financing and manage fiscal exposure.
eBook
Social intermediation and financial services access in Uganda's microfinance industry
Purpose
– The purpose of this paper is to examine the extent to which social intermediation influences access to financial services in Uganda's microfinance industry.
Design/methodology/approach
– The paper adopts analysis of moment structures (AMOS), a form of structural equation modeling (SEM) to test hypotheses.
Findings
– It was established that social intermediation together with antecedents of social capital and managerial competence, account for 32 percent of the variance in access to financial services in the microfinance industry.
Research limitations/implications
– Only a single research methodological approach was employed and future research through interviews could be undertaken to triangulate. Furthermore, the findings from the present study are cross-sectional, future research should be undertaken to examine the social intermediation and its effects on access to financial services across time.
Practical implications
– In order to boost the wealth of the active poor and microfinance institutions in Uganda, Uganda should always endeavor to build the human and institutional capacities through social intermediation so as to encourage the marginalized people to fully participate in formal financial intermediation in the microfinance industry.
Originality/value
– This is the first study that focuses on testing the influence of social intermediation on access to financial services in Uganda's microfinance industry.
Journal Article
An overview of recent developments in the microfinance literature
This paper presents an overview of microfinance and microfinance research. The objective is to show that microfinance research has come full circle: from policies to lending methodologies and to organizations in the 1990s, and back to a focus on policies. Specifically, developments in the theoretical literature on asymmetric information, transaction costs, contracts, and banking identify the challenges that MFIs must overcome. Recent trends toward intermediation and commercialization have brought about renewed focus on identifying appropriate policies to promote a viable microfinance industry. The paper concludes by describing some current challenges faced by the industry and offers a possible research agenda for agricultural economists.
Journal Article
Microfinance in Russia : broadening access to finance for micro and small entrepreneurs
In Russia, small-scale entrepreneurship has emerged in response to the collapse of state-ownership and unemployment in the early 1990s. Small businesses typically lack adequate collateral and credit history, making them unbankable by the mainstream financial sector. To fund their businesses, micro-entrepreneurs are forced to rely on funds from family and friends, or money lenders. Microfinance institutions of four types have emerged to meet the unfulfilled financing needs of micro-entrepreneurs: commercial banks, specialized NGO-type microfinance institutions, membership-based institutions (such as rural cooperatives and credits unions), and public funds. All four types have enjoyed significant growth in Russia in the past five years, but the industry is still at an early stage of development. Demand appears to far outweigh supply. Microfinance in Russia provides an overview of microfinance in Russia to date, presenting industry trends and identifying key challenges to sustainable growth of the industry.
eBook
Microfinancing: challenges and prospects. Appropriate conditions for changes from informal to formal microfinancing institutions
“The International Year of Microcredit 2005 underscores the importance of microfinance as an integral part of our collective effort to meet the Millennium Development Goals. Sustainable access to microfinance helps to alleviate poverty by generating income…” (Kofi Anan). One of the important factors which influence disbursement of public debts in the LDCs are Microfinancing institutions. The article characterizes the progress of discharge of bankrupt from the macroeconomic point of view, and in the situation for microfinancing industry. One of the main question is when and under what conditions it is the suitable to accelerate the transformation of informal MFIs to formal institutions. In the conclusion, the basic conditions and hypothesis, which are necessary for functioning of formal MFIs, are mentioned.
Journal Article
Transforming microfinance institutions : providing full financial services to the poor
Given the immense need for access to all financial services by low-income people, this book provides a practical guide for practitioners, regulators, donors, investors, and academics involved with credit-focused MFIs contemplating becoming licensed as regulated deposit-taking financial intermediaries.
eBook