Journal article | Zeitschriftenartikel

Correction of the Claim for Microfinance Market of 1.5 Billion Clients

Since the beginnings of modern microfinance in the 70s, the industry continued to grow rapidly, albeit fueled by dubious assumptions related to market potential. Boosted by Nobel Prize award, thousands of new MFIs are currently being created in the lure of market potential, estimated at one and half billion of unattended clients. The estimates, however, differ drastically and there is no wide scale assessment available deducing the unattainable market strata, detrimental to sustainable microfinance, from the inflated estimates. The exaggerations are to be denoted as unrealistic and excluded from the global estimates. This study intends to quantify the market wrongly assumed to form part of the microfinance market and to deduce the real size of the potential global microfinance sector, appraising the size of the market that should not be counted into the integral demand, since it is unsustainable or harmful to the players involved.

Correction of the Claim for Microfinance Market of 1.5 Billion Clients

Urheber*in: Hes, Tomáš; Poledňáková, Anna

Attribution 4.0 International

ISSN
2300-2697
Extent
Seite(n): 18-31
Language
Englisch
Notes
Status: Veröffentlichungsversion; begutachtet (peer reviewed)

Bibliographic citation
International Letters of Social and Humanistic Sciences(2)

Subject
Internationale Beziehungen
Soziologie, Anthropologie
internationale Beziehungen, Entwicklungspolitik
Entwicklungsländersoziologie, Entwicklungssoziologie
Mikrofinanzierung
Nachhaltigkeit
Armutsbekämpfung
Kreditvergabe
Exklusion
Entwicklungsland

Event
Geistige Schöpfung
(who)
Hes, Tomáš
Poledňáková, Anna
Event
Veröffentlichung
(who)
SciPress
(where)
Schweiz
(when)
2013

DOI
Rights
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Last update
21.06.2024, 4:26 PM CEST

Data provider

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Object type

  • Zeitschriftenartikel

Associated

  • Hes, Tomáš
  • Poledňáková, Anna
  • SciPress

Time of origin

  • 2013

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