Microfinance Institutions: Instrumental for Promoting Financial Inclusion

Bahadur, M.; Bhandari, M.

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Title	Microfinance Institutions: Instrumental for Promoting Financial Inclusion
Authors	Bahadur, M. Bhandari, M.
ORCID
Keywords	мікрофінансові установи микрофинансовые организации microfinance institutions фінансова інклюзія финансовая доступность financial inclusion бідність бедность poverty розширення можливостей расширение прав и возможностей empowerment Африке Africa Азія Азия Asia Латинська Америка Латинская Америка Latin America Bangladesh Непал Nepal Бангладеш
Type	Article
Date of Issue	2021
URI	https://essuir.sumdu.edu.ua/handle/123456789/86048
Publisher	Sumy State University
License	Creative Commons Attribution 4.0 International License
Citation	BK, M. B., Bhandari, M.P. (2021). Microfinance Institutions: Instrumental for Promoting Financial Inclusion. Financial Markets, Institutions and Risks, 5(2), 72-85. https://doi.org/10.21272/fmir.5(2).72-85.2021
Abstract	This opinion paper provides a general overview of microfinance / microcredit which is considered one the major program to minimize the poverty, women empowerment and to socioeconomically inclusive society. There are number of success and failure stories mostly from Africa, Asia, and Latin America; however, the microfinance is global agenda of contemporary world. Based secondary sources, and own experience, the paper provides the general overview of microcredit, its success, the obstacles of microfinance and outlines very brief cases of Nepal and Bangladesh. And finally, paper provides a brief recommendation on how microcredit can be successful especially to the developing world.
Appears in Collections:	Financial Markets, Institutions and Risks (FMIR)