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Microfinance: creating opportunities for the poor?

Khavul, Susanna (2010) Microfinance: creating opportunities for the poor? Academy of Management Perspectives, 24 (3). p. 58. ISSN 1558-9080

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Microfinance is an emerging phenomenon that opens access to capital for individuals previously shut out from financial services. In its direct engagement with the poor, microfinance represents a new way for financial capital to potentially stimulate economic growth in developing countries. However, microfinance is poorly understood, and it remains unclear whether it delivers on its promises. The goal of this paper is to introduce the topic of microfinancing to a wider audience of management researchers and to identify opportunities for future research in this new and growing area.

Item Type: Article
Official URL:
Additional Information: © 2010 Academy of Management
Divisions: Management
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Date Deposited: 06 May 2014 11:05
Last Modified: 24 Feb 2024 08:15

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