The Impact of Microfinance in Sub-Saharan Africa: A Systematic Review of the Evidence
By C. V. Rooyen, Ruth Stewart, Thea de Wet. 2012
519 citations recorded by the source corpus.
Microfinance is seen as a key development tool, and despite the current deepening crisis within the industry, it continues to grow in sub-Saharan Africa. We systematically reviewed the evidence of the impacts of micro-credit and micro-savings on poor people in sub-Saharan Africa. We considered impacts on income, savings, expenditure, and the accumulation of assets, as well as non-financial outcomes including health, nutrition, food security, education, child labor, women’s empowerment, housing, job creation, and social cohesion. The available evidence shows that microfinance does harm, as well as good, to the livelihoods of the poor.
Subfields: Economics and Econometrics, Safety Research, Urban Studies
View Paper: https://www.semanticscholar.org/paper/4b8ec73fe6210da63135a433e2569f848a9fae7d
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Citations in the corpus
- Social and financial efficiency of Islamic microfinance institutions:a Data Envelopment Analysis application (2015, background): “…debt (Hashemi et al., 2007), resulted in poor borrowers selling whatever asset they have (Parveen, 2009) to the extreme cases of microfinance-linked suicides in Andhra Pradesh, India in 2010 (Conning & Morduch, 2011; van Rooyen et al., 2012) and in Sri Lanka (Obaidullah & Mohamed-Saleem, 2008).”
- The impact of microcredit on agricultural technology adoption and productivity: Evidence from randomized control trial in Tanzania (2020, background): “…and Khander 1998; Roodman and Morduch 2014; Takahashi et al. 2010; see also Benerjee 2013; Karlan and Morduch 2010; Kono and Takahashi 2010; van Rooyen 2012 for review).1 Also, an increasing number of studies evaluate the impact of microcredit by conducting randomized control trials (RCT)…”