Recent Developments in Microfinance and Beyond

Posted: 11 Nov 2011

See all articles by Maty Sene

Maty Sene

University of Quebec at Trois Rivieres

Ayi Gavriel Ayayi

Université du Québec

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Date Written: January 10, 2011

Abstract

This paper surveys recent research on micro-finance and suggests directions for future research. New empirical evidence has emerged, and new theoretical models have resolved some issues. The paper selectively examines recent findings, particularly theoretical and empirical works that deal with the financial and social goals that micro-credit must fulfill to provide long-term sustainable poverty reduction. Finally, some issues for which new research is needed are identified.

Keywords: micro-finance, credit risk, outreach and financial sustainability, inclusive finance, regulation and supervision, impact evaluation, group lending, products, supply and demand

JEL Classification: G21

Suggested Citation

Sene, Maty and Ayayi, Ayi Gavriel, Recent Developments in Microfinance and Beyond (January 10, 2011). Available at SSRN: https://ssrn.com/abstract=1957949

Maty Sene (Contact Author)

University of Quebec at Trois Rivieres ( email )

POBox 500
Trois-Rivières, Québec G9A 5H7
Canada

Ayi Gavriel Ayayi

Université du Québec ( email )

3351 Boulevard des Forges C.P 500
Trois Rivières, Québec G9A 5H7
Canada
819 376-5011 ext 3137 (Phone)

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