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Microfinance: A Critical Literature Survey

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dc.contributor.authorBeck, Thorsten
dc.date.accessioned2016-01-04T15:41:37Z
dc.date.available2016-01-04T15:41:37Z
dc.date.issued2015-11-22
dc.description.abstractThis paper offers a critical survey of the microfinance literature of the past 10 years. It reviews studies on the effectiveness of different microfinance techniques and offers a critical assessment of the impact literature of microfinance. The literature so far suggests moderate but not transformative effects of microcredit, with effects being conditional on individuals’ characteristics. The effects of micro-savings interventions seem more promising, while micro-insurance interventions suffer mostly from limited take-up. The biggest impact seems to come from expanding payment services. The paper discusses these findings in the broader context of the financial development literature and touches on methodological issues and regulatory challenges.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/12/25715445/microfinance-critical-literature-survey
dc.identifier.doi10.1596/978-1-60244-261-0
dc.identifier.isbn978-1-60244-261-0
dc.identifier.urihttps://hdl.handle.net/10986/23546
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: Independent Evaluation Group
dc.relation.ispartofseriesIEG working paper,2015/No.4;
dc.rightsCC BY 3.0 IGO
dc.rights.holderIndependent Evaluation Group, World Bank Group
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectMICROCREDIT
dc.subjectMICROFINANCE
dc.subjectMICROFINANCE LITERATURE
dc.subjectMICROFINANCE METHODOLOGY
dc.subjectMICRO-SAVINGS
dc.subjectPAYMENT SERVICES
dc.subjectREGULATORY CHALLENGES
dc.titleMicrofinanceen
dc.title.subtitleA Critical Literature Surveyen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.date.disclosure2015-12-23
okr.date.doiregistration2025-05-05T12:21:47.960958Z
okr.doctypePublication
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2015/12/25715445/microfinance-critical-literature-survey
okr.guid588931467993754857
okr.identifier.externaldocumentum090224b083fe98bc_1_0
okr.identifier.internaldocumentum25715445
okr.identifier.report102284
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/12/23/090224b083fe98bc/1_0/Rendered/PDF/Microfinance000al0literature0survey.pdfen
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicFinance and Financial Sector Development::Financial Literacy
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitFM GP EAP - IBRD (GFM02)
relation.isAuthorOfPublication4694cd5a-bd90-594b-abe2-f5b681139e6d
relation.isAuthorOfPublication.latestForDiscovery4694cd5a-bd90-594b-abe2-f5b681139e6d
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