Abstract

The 'win-win' solution put forward by the donor community as a prominent tool for poverty reduction, claims that microfinance institutions (MFls) can achieve financial sustainability without compromising their outreach to the poorest clients. MFis can become self-sustainable either by raising interest rates and/or by raising the minimum loan size. Thereore, the main hypothesis behind the 'win-win' solution is that the poor are not risk averseand that they are willing to pay high interest rates and/or take out large loans.

School

School of Business

Department

Economics Department

Degree Name

MA in Economics

Date of Award

6-1-2002

Online Submission Date

1-1-2002

First Advisor

Andrew Melnyk

Committee Member 1

Andrew Melnyk

Committee Member 2

Dennis Powers

Committee Member 3

Martin Murphy

Document Type

Thesis

Extent

59 leaves

Library of Congress Subject Heading 1

Microfinance.

Library of Congress Subject Heading 2

Small business

Library of Congress Subject Heading 3

Ibn al-ʻArabī,

Rights

The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy.

Call Number

Thesis 2002/27

Location

mmbk

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