What is it about?
The article reviews existing literature about the impact of microfinance on poverty and the trade-off between sustainability and outreach. According to our review, we suggest that it has received a mixed response on the effect but has huge potential as a tool for financial inclusion. The topic of trade-off is however still debatable though the literature indicates the existence of a possibility.
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Why is it important?
Microfinance is now being used as a tool for financial inclusion. World bodies are positive about it and hence it is important to know everything about the area before venturing into research in this area. This is where the paper helps the readers.
Read the Original
This page is a summary of: Literature review on effect of microfinance institutions on poverty in South Asian countries and their sustainability, International Journal of Emerging Markets, July 2021, Emerald, DOI: 10.1108/ijoem-07-2020-0861.
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