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Mikrofinancování v Peru
Nedorostová, Petra
The main task of this bachelor's thesis is to approach and describe the draft of microfinance and microfinancial institutions including its composition. The first part introduce microfinance theory, general principles and history. The next part is focused on specific application microfinance in Peru and description of concrete organizations that work here. Conclusion will be valorization efficiency existence of microfinancial institutions and they have influence to improvement life situation in Peru.
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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.
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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.
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Importance of Guarantee funds in Microfinance
Němečková, Dagmar ; Procházka, Pavel (advisor) ; Řežábek, Pavel (referee)
Microbusiness is recognized as an important tool for economic growth especially in less developed countries. It is supposed that a lack of access to capital is one of the most prominent constraints of microentepreneurs. To address this limitation, many forms of loan guarantee programs have been established. This paper examines what demands are placed on an effective guarantee structure in this field and how these aims are accomplished by the current guarantee funds. In conclusion, the access to capital is getting better recently in these countries. Guarantee funds have been growing, however, their importance is not so significant yet. Guarantee funds have a potential to draw an attention of investors to microlending but the cost of these schemes seems to be too high.
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Transformation of FINCA Programs into Micro-banks and Influence of the NGOs (Mexico, FIPS A.C. and Czechs´activities).
Drašarová, Martina ; Banout, Jan (advisor) ; Irena, Irena (referee)
Microfinance has been seen as a key tool for poverty reduction in developing countries. Target groups of microfinance are very poor people who have no access to any financial resources and need loans. Microcredits help the poor in running their small businesses or in a creation of its own job opportunities. The loans are often embezzlemented, are not financial sustainable in the long term, and are frequently critised. The question is if microfinance is real universal cure and which influence has on elimination poverty and social even economical effect. It also considers a perspective of model preferences focused on business (conditional high interests, possibility to contact intermediaters, gaining easier access into external financial sources) or a charity (more resistant to crisis thanks to using internal financial sources). In general, Latin America has excellent conditions for microfinance; the macro-economic growth which countries in Latin America had shown during the last decades set up advantageous conditions for well-known microfinance institutions and its development. Microfinance sector contributes by its profits to the common financial institutions which have already got a significant position in the market. In principle, Mexico struggles for better conditions for the poorest class of the population and due to this fact offers products of microcredits as the assistance to start-up small businesses. From the economic point of view, Mexico tries to be much more self-sufficient and sustainable. Microfinance institutions earn regularly an undisputed importance in the process of regional expansion, representing a crucial factor in the alleviation of poverty likewise insecurity for large segments of the inhabitants. The work is based on information from relevant sources that can easily identify the current status of microfinance. This thesis researches the microfinancial sector and the program FINCA (Foundation for International Community Assistance), including causing non-governmental organizations in Mexico. The purpose of this paper is to focus on the current situation of functioning microfinance sector in selected Mexican states as well as to identify impacts of microfinance activities in this country. It describes microfinance sector due to its lack of opportunities to gain microcredit. Credit distribution and its awareness about these services is passed. Administrative procedures are difficult and information shortage restricts credit accessibility. This leads more in usage informal sector, based on family members or groups. The paper demonstrates suggestions for improving and operating in this sector that might be involved in legal framework for microfinance in Mexico.
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New trends in microfinance
Monyoková, Dominika ; Zetek, Pavel (advisor) ; Matejašák, Milan (referee)
This bachelor thesis deals with the issue of microfinance, with an emphasis on certain trends in this sector. Previous findings describing the origin, meaning and the basic characteristics of the microfinance sector, which this market actually differ from the other business models, are summarized in theoretical part. Practical part is focused on selected region of Asia. Detailed analysis examines certain trends in microfinance development, especially the range of products, method of financing, risk level of operations and financial efficiency. In conclusion, the findings show that despite the considerable development of microfinance sector, the market still faces many challenges.
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Microinsurance
Korčáková, Eva ; Ducháčková, Eva (advisor) ; Rybák, Zdeněk (referee)
This bachelor thesis deals with microinsurance as a segment of the microfinance industry. The aim of the thesis is to introduce the reader to the basic aspects of this field. To do so, the thesis is divided into 5 chapters. Each of the chapters is dedicated to a different aspect of microinsurance. The first charter incorporates microinsurance into microfinancing and briefly describes its genesis. The second chapter is dedicated to microfinance institutions and other organizations which address this issue. The third chapter aims to assess means of distribution of microinsurance products among the poor. Next chapter describes basic microinsurance products, their advantages and disadvantages and their effectiveness. The last chapter is focusing on recent development of microinsurance around the world and in three specific countries -- India, Kenya and Haiti.
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Microfinance and microcredit in developing countries
Hlinková, Soňa ; Zetek, Pavel (advisor) ; Janda, Karel (referee)
The bachelor thesis deals with the fundamental issues of microfinancial sector, describes the birth of the field, priciples of working and defines concrete social benefit for population of the world's poorest regions. Field of interest is also focused on the determination of the main problems of microfinance as well, like high operating costs, lack of regulatory frameworks or an excessive profit greed of investors. The paper continually emphasizes considerable differences between microfinancial and banking sector as well. The significant part is focused on key subjects of the microfinancial market- non-profit and profit microfinancial institutions, which work compares and eventually analyses their efficiency.
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Microfinance in the EU
Odstrčilíková, Linda ; Němcová, Ingeborg (advisor) ; Tunkrová, Věra (referee)
This work deals with microfinance in the EU. It explains the relationship among the EU instruments, programmes and initiatives, and it brings the most important information about all available products for both potential providers and potential clients. The work focuses mainly on the European Progress Microfinance Facility and its supporting products. It also contains brief historic development of microfinance, information about financing of microcredits in the EU, real life examples and critics of microfinance.
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