|
|
The impact of microfinance on the economy of Ghana
Afriyie, Matilda
The main purpose of the thesis was to determine the impact of microfinance on the Ghanaian economy for the period covering 2009 to 2018. To achieve the objectives of the study two main steps were used for the analyses. The first step involved establishing the relationship between Microfinance and traditional banking system. This was done through the determination of the cross elasticity of demand between the demand for microfinance service and the commercial lending rates of traditional banks. The second step of the research involved regression analysis using multiple regression method to determine the impact of microfinance assets and the average interest rate on the financial sector growth. The research discovered that the relationship between microfinance and normal banking was fluid, that is, sometimes complementary other times competitive. Microfinance were only in a competitive position when they were giving out loans but once they increased investments, they lost that competitive edge and started to share a complementary relationship with banks. It was discovered that inflation, rather than of Microfinance change assets, lending rate, and Microfinance liability, was significant in relationship to changes in assets in the financial sector. An increase in inflation induces a negative asset growth in the financial sector and vice versa. The study also found out that net-worth of not just Microfinance but many of the financial sector institutions was in deficit which means they were accumulating more debt than equity. The study recommends more deliberate policy intervention, stimulation, and supervision to boost economic growth. Strict supervision to ensure a more balanced sheet for not just Microfinance but also other financial sector institutions to grow more asset rather than accumulate more debt.
|
|
|
Využití principu mikrofinancí v podmínkách České republiky
Ostrá, Eliška
Ostrá, E. The use of the principle of microfinance in the Czech Republic. Bachelor thesis. Brno: Mendel University, 2015 This bachelor thesis deals with the issue of microfinance and the possibilities of using the principles in the Czech Republic. The first part of the thesis outlines the general principles of microfinance and how they have been successfully applied in other parts of the world. The next section evaluates the situation of disadvantaged sections of Czech society, particularly in relation to the employment market. The practical section focuses on the proposal of a pilot project, the aim of which is to assess whether micro-financing methods from developing countries can be successfully applied in the Czech Republic. In the principle, the main purpose of the pilot project would be to provide microloans to start-up businesses to generate more work opportunities for disadvantaged groups, and thus promote greater social inclusion and cohesion. Finally, the thesis concludes with a discussion of the suitability of implementing a microfinance pro-gram within the Czech Republic.
|
|
|
Dopady mikrofinančních půjček na posílení postavení žen: případová studie regionu Cuzco
Trávníčková, Barbora Pavla
The submitted thesis focuses on the workings of the microfinance sector and the relationship between microfinance and economic development. This thesis also analyses the effects that microfinance can have on the status of women in society. The main goal of this thesis is to analyse what kind of effects microfinance loans can have on the status of women in the Cuzco region of Peru, and to prove the hypothesis that these loans can in fact have a empowering and positive effect on the status of women in society. The thesis is separated into theoretical and practical sections. The theoretical section concentrates on the concept of microfinance, especially microloans. This sections also focuses on the status of women in Latin America and the possibilities for enhancing this status. The practical section is focused around semi-structured interviews with women, who have received these microloans. The interviews were conducted with sixteen female informants, and the questions were constructed so that they could describe what effects these loans have had on their lives. An interview was also conducted with a representative of a banking institution that provides these microloans.
|
|
|
Vliv mikrofinancování na vybrané ukazatele socioekonomického rozvoje v subsaharské Africe
Štěpáníková, Veronika
The aim of this thesis is to analyse the impact of microfinance on selected socio-economic development indicators in Sub-Saharan Africa. Research was examined through panel data analysis from 2009 to 2014. The theoretical part provides an overview about sub-Saharan Africa, microfinance and its principles, socio-economic development, exploratory indicators and about statistical methods. The analytical part analyses research data through deviate test, descriptive characteristics, cluster analysis and canonical correlation analysis.
|
|
|
Commercialization in Microfinance
Švenka, David ; Chytilová, Julie (advisor) ; Kracík, Jiří (referee)
This thesis is focused on commercialization in microfinance. Particularly on one of its possible negative impacts - the mission drift. Microfinance could be described as a useful financial tool that makes it possible to provide banking services, usually small loans and deposits, to rural poor people who live in places where it is hard to access the traditional banking sector. Commercialization of microfinance institutions means that the MFIs seek for commercial ways of funding. This usually happens when, for instance, some of the microfinance NGOs transforms into regulated commercial entity. Mission drift is then a situation when the microfinance institutions (MFIs) commercialize and abandon some of their poorest clients in order to pursuit some non-social goal such as sustainability or profitability. Therefore the MFIs drift from their original mission which is usually to fight the poverty. So far, there has not been conducted a lot of research on this topic. Furthermore, neither the microfinance experts agree with each other about the existence of mission drift. Therefore the main goal of this thesis is to closer inspect the mission drift on data from the MIX database. To do this we have used the regression analysis, combined with analysis of historical performance of the observed MFIs.
|
|
|
Online fundraising and microfinance in the context of social networks and Web 2.0
Richterová, Daniela ; Kera, Denisa (advisor) ; Očko, Petr (referee)
Identifikační záznam Richterová, Daniela. On line fundraising a mikrofinancování v sociální síti a na Webu 2.0 [Online fundraising and microfinace in the context of social networks and Web 2.0]. Praha, 2011. 102 s. Diplomová práce. Univerzita Karlova v Praze, Filozofická fakulta, Ústav informačních studií a knihovnictví 2011. Vedoucí diplomové práce Mgr. Denisa Kera, Ph.D. Abstract The main focus of this thesis is to characterize online fundraising and microfinance tools in the context of Web 2.0 and social media. The main goal is to analyze and assess the existing philanthropic portals in the Czech Republic and abroad. The thesis includes a theoretical explanation of terminology, principles and technologies of Web 2.0 and social media platforms and their connection to online philanthropy. New phenomena such as crowdfunding, P2P lending and crowdsourcing are clarified. The analytical part focuses on the evaluation of fundraising portals Network for Good and GlobalGiving and microfinace portals Kiva and LoanBack. Czech philanthropic online projects are represented by Šance pro draha, myELEN, Daruj správně and Skutečný dárek. Particular emphasis is given to monitoring and evaluating the extent of Web 2.0 principles and technologies integration. The conclusions contain suggestions for implementing the findings...
|
|
| |
|
|
Analysis of development of the concept of microfinance in the Czech nonprofit sector
Plhoň, Tomáš ; Ochrana, František (advisor) ; Mašková, Pavla (referee)
PLHOŇ, Tomáš. Analysis of microfinance in Czech nonprofit sector. Prague, 2011. 70 p. Diploma work (Mgr.) Charles University in Prague, Faculty of social sciences, Institut of sociology sciences. Department of public and social policy. Supervised by prof. PhDr. František Ochrana, DrSc. Abstract This thesis deals with the concept of microfinance and its development in the Czech nonprofit sector. In the first part the author deals with a brief description of this concept and its historical development over the last fifty years. Followed by analysis of itself, that tries to deal with the fact that despite the rapid global development of this worldwide phenomenon, microfinance in the Czech Republic is still a relatively new phenomenon. Author attempted semi structured interviews to map key players in the industry, discover their interests, attitudes, resources, and their declared objectives. The main point of the analysis is myElen.com, Czech internet portal, which is pretty much the main driver of all the happenings in the field of microfinance in this country. In conclusion the author offers an evaluation of analytical findings and suggests possible future steps to further exploration, as well as recommends the most appropriate steps in policy-making.
|
|
|
Analysis of publicly listed microfinance equity diversification potential and possible mission drift
Pfeffer, Karel ; Janda, Karel (advisor) ; Čech, František (referee)
MASTER THESIS Analysis of publicly listed microfinance equity diversification potential and possible mission drift Karel Pfeffer 2017 Abstract The objective of this master thesis is to investigate, whether equity of publicly listed Microfinance institutions (MFIs) can be used for portfolio diversification, while these MFIs still maintain its original social mission. To explore these two aspects of publicly listed MFIs, this study is split in two major parts. The first part is focused on the comparison of risk and return characteristics of selected MFIs shares with conventional financial institutions shares and market equity benchmark indices. The analysis indicates no significant diversification potential in publicly listed microfinance equity. The second part of this thesis is exploring the impact of IPO on publicly listed MFIs social outreach. It was found some evidence of a drift from the original social mission among selected MFIs. However, there is not enough evidence to claim that for-profit investment cause long-term significant operational change of MFIs.
|
|
|
Loan Portfolio Quality of Microfinancial Institutions
Koutná, Barbora ; Zetek, Pavel (advisor) ; Rajl, Jiří (referee)
The first chapter of this thesis is an introduction to issue of microfinance. This chapter is about characteristic, targets and social importance of microfinance loans and about birth and history where microfinance started to help and who is founder of microfinance. There is also describing of today's microfinance market, the distribution and characteristics every single microfinance regions: number of microfinance institution, gross loan portfolio and another main attribute for every region. The aim of next chapter is to review actual trends which are typical for microfinance sector. The most important trends are new products, separation microfinance institutions for profit and non-profit institutions, financial sources, rising regulation of microfinancial institution and changing quality of gross loan portfolio in time. The last chapter is about the quality of loan portfolio selected states from Latin Amerika and Asia where the impact of internal and macroeconomics variables to quality of gross loan portfolio is tested by regression model.
|
guest ::
