Is microcredit reaching the poorest and contributing for the reduction of poverty?
The purpose of this essay is to understand why Microcredit Institutions, also known as MFIs, spend billions of dollars trying to end poverty by making small loans to impoverished entrepreneurs. MFIs argue that microcredit mitigates market failures, spurs micro-enterprise growth, and boosts borrowers...
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Format: | masterThesis |
Language: | eng |
Published: |
2019
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Subjects: | |
Online Access: | http://hdl.handle.net/10071/17335 |
Country: | Portugal |
Oai: | oai:repositorio.iscte-iul.pt:10071/17335 |