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MICROFINANCE MECHANISM: A LITERATURE REVIEW

Journal: IMPACT : International Journal of Research in Humanities, Arts and Literature (IMPACT : IJRHAL) (Vol.7, No. 2)

Publication Date:

Authors : ;

Page : 1-10

Keywords : Microfinance; Rural Credit; Finance JEL Classification Codes: G20; G21; G28;

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Abstract

This paper provides a brief survey of literature on theoretical insights of microfinance mechanism and empirical findings on microfinance. This paper finds that the theoretical mechanism provides interesting results for mechanism design while the empirical evidence of the impact of microfinance is mixed.

Last modified: 2019-03-21 18:00:46