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Since social ties are often the
principal source of wealth for the very poor, these institutions try to
reinforce these links, in particular by creating solidarity groups
which help to secure their loans. However, there is a price to pay for
the development of social ties and their cost is not accounted for in
traditional indicators of financial performance. Caught between the
need to generate revenues in order to become independent of
international public aid which is becoming increasingly scarce, and
the desire not to betray their initial objective, namely the fight
against poverty, microfinance has to make a choice between these
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Common topics in this essay:
- Financial Inclusion Through Microfinance-Health Insurance In India
- Managing Microfinance
- Microfinance in india
- Gender and Microfinance
- The Microfinance Revolution
- Microfinance and Rate of Interest
- Measuring Impacts of Microfinance
- microfinance and its delivery models
- People In Rural Areas Experience Better Health Than Those In Urban Areas. Compare And Contrast The Social Constructs Of These Populations.
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