Research gap in microfinance Apr 6, 2023 · The purpose of the paper is to highlight the issues, challenges and opportunities of microfinance sector in India. The idea was straightforward: microfinance would transform customers’ businesses by providing capital; that would increase borrowers’ earnings and ultimately eliminate poverty (Yunus 2016). In Ghana, MFIs have adopted information and communication technology (ICT) and mobile banking/money solutions to address these Oct 25, 2018 · Also, it was established that most of these microfinance institutions relied mostly on accounting based method and subjective analyses to quantify their organization risk exposures, hence it was Nov 14, 2024 · Microfinance has been widely recognized as a tool for poverty alleviation and job creation, especially in developing countries. Dec 8, 2022 · Further, there was a strong practical gap regarding the lack of research on how women experienced empowerment and entrepreneurship through microfinance. Microfinance plays an important role in fighting the multi-dimensional aspects of poverty. This perceived gap in microfinance can be due to issues arising on the supply or demand side. Dec 1, 2021 · On a worldwide basis, microfinance institutions (MFIs) provide financial services to the poorest households. Apr 20, 2023 · The authors found that recent research in microfinance for SMEs and microfinance institutions has evolved around eight thematic clusters, covering (1) access to and constraints on microcredit Mar 1, 2019 · In the last 20 years, microfinance has moved from a promise to reality, although with ups and downs. After analyzing hundreds of documents, a subset of 30 articles was subject to in-depth analysis, exploring factors and corresponding measurement indicators for sustainable poverty reduction in Oct 1, 2022 · Microfinance institutions are challenged by changes in competition, which impact them in various ways. O. The research established that there was indeed the existence of SME financing gap in the country as most of them were denied access to credit by commercial banks and other SU+ @ Strathmore University Library Electronic Theses and Dissertations This work is availed for free and open access by Strathmore University Library. Dec 2, 2021 · This research tried to analyze the ability of microfinance institutions to become effective alternatives to traditional banks in order to improve financial inclusion of low-income populations in Oct 1, 2022 · Microfinance instruments have often displayed the property of acting as a countercyclical measure in smoothing recessions, fluctuations, crises and adverse events both at a micro and macro level (Esteves and Khoudour-Castéras, 2009, 2011; Gatto, 2021). Nov 1, 2017 · Specifically, we review prior research to understand whether and how microfinance can help to encourage entrepreneurial activity as well as to reduce poverty. Apr 30, 2020 · Lifting the poor from poverty through financial and social inclusion is the ultimate target and raison d'etre of microfinance. The discourse surrounding the impact of microfinance on poverty reduction has yielded a tapestry of divergent findings. 5) puts the microfinance growth outlook for India, China, and a few Southeast Asian countries in the 25–35 % range, the highest in the world. We address this research gap by focussing on how blockchain can support microfinance activities in developing countries, as well as the challenges of adopting blockchain in microfinance using Jul 8, 2021 · The literature indicates the positive effect of microfinance on poverty but with a varying degree on various categories of poor. , Hulme and Mosley 1996). 2. Using the key words and carrying out a search in Pro-Quest, a database that includes articles, d issertations and . Vijayalakshmi, Associate professor and Head, PG and Research Department of Commerce with CA, Idhaya College for Women, Sarugani, Sivangangai District. The terms analysed are obtained from the study articles’ titles and abstracts excluding stopwords (e. The outcomes indicate that the According to the research, in microfinance, there is a positive Nov 1, 2016 · In book: The Oxford Handbook of the Social Science of Poverty (pp. The study adopted the ex-post facto research design while This paper fills the gap by reviewing MFI sustainability concerns and proposes interventions to mitigate the challenges from the existing literature with a view to strengthening microfinance in the future. These studies and others to be explored in the literature review have left knowledge gaps in the field of financial innovations, specifically in Kenya’s microfinance institutions (MFIs) that the current study intends to address. Microfinance distinctly differs from other populist poverty alleviation schemes. Moreover, it should be noted that previous research on microfinance in the region has not provided a comprehensive analysis of all three (3) microfinance systems (Kotir & Obeng-Odoom, 2009; Sekyi, 2017). Through its global pulse survey of microfinance institutions and subsequent partnership with Symbiotics, CGAP showed that the widespread liquidity crises many feared did not materialize; however, the data did highlight the need to carefully monitor solvency in the longer term as the effects of the pandemic continue to ripple across the industry net effect of the microfinance program. Apr 20, 2023 · This article aims to present current research trends in microfinance for small and medium enterprises (SMEs) and microfinance institutions (MFIs), as microfinance plays an increasingly role in entrepreneurship development and poverty alleviation. The research Aug 1, 2019 · Islamic microfinance has a remarkably high 27 occurrences and an average publication year of 2016. Mar 2, 2022 · Microfinance is used to enhance micro and small enterprise start-up and growth in developing countries. Thus, this study aims to fill the unattended gap in lagged returns agriculture activities such as sugarcane production which takes at least a year to mature, hence, the greater need for agriculture financing alternatives such as microfinance. 3), indicating that it is a topic the entire microfinance research community lacks interest in. This study applies bibliometric and content analytical procedures to the selected papers, focusing on the outcomes of microfinance for their recipients (demand side), based on information collected from the Web of Science (WoS), Footnote 1 a database that “contains thousands of academic publications along with bibliographic information on their authors Apr 20, 2023 · The authors found that recent research in microfinance for SMEs and microfinance institutions has evolved around eight thematic clusters, covering (1) access to and constraints on microcredit for Jan 1, 2017 · Microfinance has been proven to be a tool to alleviate poverty from the face of earth. Below are the primary types: 1. This study was carried to see how microfinance institutions (MFIs) can use institutional force in compelling the gold mining sector to adhere to Previously, microfinance was known as rural finance or informal finance. Jun 1, 2021 · Modern microfinance was introduced as a useful tool to br idge the pover ty gap by providing banking services to poor people an d t heir income-generating activities (Postelnicu and Hermes 2016 Jan 1, 2022 · The development of a conceptual framework for the role of microfinance institutions in bridging the sustainable development gap in the goldmining sector is the work's key contribution. Jun 1, 2023 · Unfortunately, the potency of SHGs for both financial and social inclusion has not yet been investigated in Assam or in any other state or country on the globe. Mission drift is not a new term at all, but it has experienced remarkable growth in the last years, as well as Apr 20, 2023 · Industry researchers can use our research to understand the broad spectrum of research in the field, emerging research areas, research gaps, and future research direction. The relation between poverty and microfinance is, however, dependent on the nation under the scanner. , 2023) call for empirical research to explore how blockchain might impact microfinance. The study applied a bibliometric tool to determine the research gaps, trends, and gives a direction for future research. Keywords: microfinance, challenges, sustainability, mitigation, interventions Digitization has been a source of hope and frustration in the microfinance industry: Hope because it is seen as the means to make microfinance institutions (MFIs) competitive; and frustration because few digitization initiatives have transformed the traditional MFI model despite the significant resources invested. but has not been applied yet in microfinance research This research therefore sought to access the role of one of the stakeholders, microfinance institutions (MFIs) in helping to bridge the financing gap faced by SMEs in Ghana. This paper aims to address the gap in the study of the Sep 22, 2021 · This study offers an in depth analysis of existing research in the microfinance field with a focus on gender issues and governments’ understanding of the importance of empowering women to help Feb 9, 2020 · Microfinance makes a positive social impact by reducing poverty and inequality and promoting economic development (Chliova et al. [The paper is accepted in the Annals of Public and Cooperative Economics and Mar 8, 2022 · To fill this research gap, a global dataset of MFIs spanning the period 2000–2018 was analyzed using traditional regression-based technique. This paper reviews 1,874 papers published from 1997 to 2017 to perform a scientometric Apr 20, 2022 · Data and research criteria. Although there is some discussion of how microfinance institutional activities lead to their own sustainability in the extant literature, the same cannot be said of the ways in which microfinance institutions shape the sustainability agendas of micro and small enterprises (MSEs). May 8, 2023 · Microfinance is an economic means designed to encourage financial inclusion to reach poor people that traditional formal financial institutions like banks are unable to reach. However, since the data was collected during the summer 2020, this Jun 14, 2024 · This research provides a systematic and comprehensive classification of microfinance performance evaluation methods, an explanation of evaluation methods and techniques, and a theoretical Jan 1, 2017 · PDF | On Jan 1, 2017, Ina Ganguli and others published Career dynamics and gender gaps among employees in the microfinance sector | Find, read and cite all the research you need on ResearchGate Research gap e literature discussed following the structure from the However, microfinance institutions are currently working towards promoting inclusivity and recognizing that women can financial innovation and its influence on financial performance of microfinance institutions (MFIs). The Contextual Gap. Apr 1, 2018 · Microfinance has evolved by providing micro credits to respond to the furthermost financial and non-financial needs of the citizens, to eradicate poverty and increase financial inclusion. SHG- BLP is the largest microfinance programme in the wor ld. Methodology: The study adopted a desktop research methodology. , “a THE NAMIBIAN ECONOMIC POLICY RESEARCH UNIT Postal: P. Jul 19, 2024 · This research examined factors that help microfinance achieve sustained poverty reduction based on a systematic literature review (SLR). May 15, 2021 · Using data from 70 developing countries, we show that higher levels of microfinance participation are indeed associated with a reduction of the income gap between rich and poor people. We have analyzed 1874 papers, performing a keyword co-occurrence analysis and a citation network analysis, to obtain microcredit knowledge maps. She was a co-organiser of the 5th European Research Conference on Microfinance which took place in June 2017. Jul 3, 2023 · Studies that measure frontline employee job satisfaction in microfinance institutions (MFIs) are still scarce. Research gaps can be categorized based on the nature of the knowledge deficit. As the most recent literature has recognized, microfinance Aug 1, 2013 · Microfinance (MF) has grown over the last two decades into an important sub-field of development studies. Microfinance is an innovation for the developing countries. Oct 21, 2023 · Microfinance, Microfinance Institutions, women employees, gender pay gap, employee compensation, wage, salary, bonus. Simply put, a contextual gap exists when there’s already a decent body of existing research on a particular topic, but an absence of research in specific contexts. Technological Advancements: The adoption of technology in loan disbursement, collection, and monitoring has made microfinance more efficient and scalable. Thus, there exists a research gap, and to shed light on this research gap, the present paper attempts to test the following hypotheses: H0 Aug 26, 2020 · There seems to be a gap in the literature on the actual implementation of integrated Islamic microfinance in the world. , “a May 8, 2023 · Microfinance is an economic means designed to encourage financial inclusion to reach poor people that traditional formal financial institutions like banks are unable to reach. Box 40710, Ausspannplatz, Windhoek, Namibia gap in microfinance can be due to issues arising on the supply or demand side. , 2015;Ghalib, 2013; Rasel and Win, 2020), but the way it is Role of Market Research in Scale •Goals for this session –Think differently: Reframe the role that market research ought to play for CDFI microlenders –Offer insights and experience from the working group and case studies from the field –Share a checklist, tools and resources to support market research efforts Jun 9, 2022 · Eventhough gold mining has both the positive and negative impacts on the environment, its negative impacts like depletion of natural resources, loss of grazing land and degradation of the environment tends to outweigh its positive contribution. [37]. 7. This has led to efforts to address the gap that exists between the supply and demand of microfinance in most developing countries. Microfinance's contribution to poverty reduction and its challenges. To date, funding of MFI activities has come primarily from outright donor grants 130 Moses Nyakuwanika et al. Similarly, policy makers can apply the outcomes to design policies and interventions in regions of the regulatory and policy frameworks for financial access to the poor and (ICEG, 1999b). It provides Nov 12, 2024 · Microfinance research plays a pivotal role in addressing global development challenges, yet comprehensive assessments of its alignment with sustainable development goals (SDGs) remain scarce. : Bridging Sustainable Development Gap in the Gold Mining Sector of Zimbabwe: A Conceptual Framework on the Role that can be played by Microfinance Institutions Hence . The most renowned microfinance tool in research, policy and practice is microcredit. Amidst this landscape of varied perspectives, certain studies assert that microfinance exacerbates poverty, while others uphold its potential to Nov 19, 2020 · The target population of the study was all the twenty-six microfinance in Kenya that are members of Association of Microfinance Institutions and were licensed by the Central Bank of Kenya as at 2017. A search was conducted on the SCOPUS database up to December 2023. Aug 30, 2023 · Microfinance institutions (MFIs) are critical in providing financial services to low-income individuals in developing countries, but challenges such as inadequate infrastructure, limited resources, and low financial literacy have affected effective service delivery. Nov 22, 2023 · 2. It is note worthy that if we don’t enumerate non-participating households and compare say existing and new clients, (A-C) will give us the effect of the microfinance program plus the difference between the treatment area and Sep 20, 2021 · This Overview Survey presents a snapshot of the microfinance sector from 2018-2019, before the start of the Covid-19 pandemic. The focus has mainly been on formal microfinance systems, while the informal or traditional ones have been overlooked. Competition among microfinance institutions is unique because service to the poor, rather than profit alone, is their primary goal. While sustainability and outreach co-exist, their trade-off is still a matter of debate. Research suggests microfinance is not as transformative as originally thought. Oct 29, 2014 · This research therefore sought to access the role of one of the stakeholders, microfinance institutions (MFIs) in helping to bridge the financing gap faced by SMEs in Ghana. Jan 1, 2002 · In the literature, Adams (2002) still talks of a deposit gap in microfinance: "As a whole, the microfinance industry has been highly successful in providing loans to millions of new borrowers, but May 27, 2020 · This research study sought to assess the impact of Microfinance on Small and Medium Enterprises (SMEs) in Zimbabwe. Feb 15, 2024 · The study used bibliometric and network analytic tools to emphasize a comprehensive view of microfinance research to identify the gap in the field. g. Thanks to the support of the European Investment Fund, EMN offers a EUR 2,000 prize to the winner who’ll be also invited to attend the EMN Annual Conference in Paris (14-16 June 2023) . In the past two decades it has emerged as an industry to cater to the financial need of the poor whom banks Nov 1, 2017 · Specifically, we review prior research to understand whether and how microfinance can help to encourage entrepreneurial activity as well as to reduce poverty. The research Feb 1, 2021 · The present research analyzed the impact o f all microfinance providers in generating s ustainable rural livelihood. Can adaptations to traditional approaches to microfinance enhance its impacts and improve life for the poor? The team at Inclusion Economics has carried out a series of experiments in India to understand how microfinance contracts can be refined to increase benefits to borrowers. A majority of the past studies applied quantitative methodology with the top-down approach which focuses on the views of service providers instead of beneficiaries and thus the beneficiaries Nov 8, 2024 · Research is concentrated in short-term agriculture activities. The third type of research gap is the contextual gap. Abstract: Microfinance is not a financial system but a tool to alleviate poverty from the country and bring social Oct 1, 2013 · Microfinance institutions (MFIs) typically offer small credit services with no collateral to low-income clients, particularly women microentrepreneurs. 843-865) Chapter: Microfinance and Financial Inclusion (37) Publisher: Oxford University Press Jul 9, 2020 · Additionally, the findings also revealed a gap in transfer of technological knowledge from commercial banks to the MFIs that they fund. So it does seem the high growth in Indian microfinance is here to stay, at least in the short run. Oct 1, 2014 · This research therefore sought to access the role of one of the stakeholders, microfinance institutions (MFIs) in helping to bridge the financing gap faced by SMEs in Ghana. Micro loan service is the most important service pro vided by the microfinance institutes. This special issue of Oxford Development Studies explores the contributions of MF, drawing affecting liquidity risk in both financial systems are CAR, ROE, liquidity gap, and credit risk. Feb 15, 2024 · Islamic microfinance seeks to enhance the well-being of the poor by increasing earnings and consumer spending and improving living standards through Shariah principles [6]. Scientific research on microfinance institutions has increased dramatically over the last two decades. South Asian MFIs have a major industry share in terms of clients and loan portfolios. Sep 6, 2022 · The main purpose of this study is to encapsulate the major themes and their inter-linkage within Islamic microfinance research and to highlight the important gaps by recommending future research Microfinance was first trumpeted as a way to unleash the productive capacities of poor people dependent on self-employment (e. Jul 11, 2019 · The financial inclusion of women micro entrepreneurs is both important and necessary for the holistic socio-economic development of a nation. Aug 2, 2024 · Purpose: The general objective of this study was to investigate the impact of microfinance on poverty alleviation in rural communities. Aug 1, 2019 · The aim of this paper is to study the evolution of microfinance research following a scientometric approach. 2 RESEARCH OBJECTIVES Jan 1, 2020 · This paper delineates three distinct aspects of microfinance: first, present scenario of microfinance (MFIs and SHGs) in India, secondly, to study the impact of microfinance on rural sector and Sep 30, 2016 · Estimation provided by the Swiss research firm, responsAbility (see Fig. Sep 19, 2020 · A descriptive survey of all 30 Microfinance institutions registered with Association of Microfinance Institutions (AMFI) 2018 in Kenya was carried out. Nov 12, 2024 · Microfinance research plays a pivotal role in addressing global development challenges, yet comprehensive assessments of its alignment with sustainable development goals (SDGs) remain scarce. This may arise in rapidly evolving fields or subjects that have not been extensively studied. We then highlight the gaps in the existing literature and lay out an agenda for future research in this domain. The outcome of the chapter will provide managers and practitioners with useful insights into the types of innovations that favor financial and cost sustainability of MFIs. Data was collected from 105 randomly selected SMEs using the questionnaires 3. 1, but the lowest average citations (0. The study highlights major factors to be emphasized to ensure the Between 2015 and 2018, as part of her PhD at the University of Portsmouth, she conducted research on the challenges associated with impact evaluation in microfinance with field work in Pakistan and Zimbabwe. The present study fills this gap and develops a measurement scale for MFIs Role of Microfinance in Rural Development *Dr. Jan 1, 2021 · PDF | On Jan 1, 2021, Hasibul Islam Russell and others published Performance of microfinance institutions in poverty alleviation: mapping the research front | Find, read and cite all the research Purpose The purpose of the present paper is to provide a systematic overview of dimensions that need to be enfolded or considered in microfinance policies and strategies designs as well as impact May 30, 2024 · To explore the themes in microfinance research, we used a co-occurrence analysis of key terms, which are “bigram and trigram terms” identified through a machine learning n-gram analysis as carried out in Pattnaik et al. A knowledge gap occurs when there is insufficient or outdated information on a topic. However, its effectiveness in achieving large-scale poverty Dec 8, 2023 · Research Gap: Identifying Unexplored Areas and Understudied Aspects of Microfinance in Nigeria Microfinance, as a financial tool, has been widel y recognized for its potential to alleviate Oct 20, 2023 · This study seeks to examine the effect of Deposit Mobilization on the performance of Microfinance Banks in Nigeria from 2005 to 2019. THE ROLE OF MICROFINANCE IN There is a gender gap in developing countries which is estimated at 9 percentage points thus 59% this study was designed to fill this gap. Nov 16, 2024 · Bridging Credit Gaps: The rise in microfinance lending can be seen as banks’ efforts to bridge credit gaps to provide last-mile credit delivery and empower underserved rural populations. Oct 1, 2018 · In microfinance research, it helps identifying research gaps. Jan 1, 2021 · PDF | On Jan 1, 2021, Hasibul Islam Russell and others published Performance of microfinance institutions in poverty alleviation: mapping the research front | Find, read and cite all the research May 30, 2024 · To explore the themes in microfinance research, we used a co-occurrence analysis of key terms, which are “bigram and trigram terms” identified through a machine learning n-gram analysis as carried out in Pattnaik et al. On the demand side, some argue that themicrofinance target group is not Mar 25, 2024 · Types of Research Gaps. Feb 6, 2010 · The European Microfinance Network (EMN) has launched the call for papers for the European Microfinance Research Award 2023. Knowledge Gap. Many developmental programs implemented in India, microfinance programs have a impact of microfinance institutions on growth and development of small and medium enterprises; a survey of machakos town by mbaluka samson kyale Nov 1, 2005 · PDF | On Nov 1, 2005, Jonathan Adongo and others published The microfinance gap: Selected issues for Namibia | Find, read and cite all the research you need on ResearchGate Jun 17, 2021 · The Microfinance Institutions (MFIs) operate to achieve twin objectives: financial and social. 1. R. In this Mar 1, 2023 · contribution to assist in bridging the gap. Prior research indicates tha t . Data was collected using questionnaires from Oct 1, 2018 · In microfinance research, it helps identifying research gaps. This study fills this gap by systematically mapping the landscape of microfinance literature to its corresponding SDG contributions. Jun 1, 2024 · While these review papers provide valuable insights, (Liu et al. jcsfooxk yqdy gbynib pyhrzwkh qfsfbaql ankus qkt ntyufc tpgrs gvrcab