Skip to main content
Top
Published in:
Cover of the book

2021 | OriginalPaper | Chapter

1. Introduction

Author : Roberto Moro-Visconti

Published in: MicroFinTech

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Microfinance is a renowned albeit controversial solution for giving financial access to the unbanked, even if micro-transactions increase costs, limiting outreach potential. The economic and financial sustainability of microfinance institutions (MFIs) is a prerequisite for widening a potentially unlimited client base. Automation decreases costs, expanding the outreach potential, and improving transparency and efficiency.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Footnotes
1
See Armendariz De Aghion and Szafarz (2009).
 
2
See World Bank (2018).
 
3
See Sangwan and Nayak (2020).
 
4
Tutino (2013).
 
Literature
go back to reference Agyemang-Badu, A. (2018). Financial inclusion, poverty and income inequality: Evidence from Africa. Spiritan International Journal of Poverty Studies, 2(2). Agyemang-Badu, A. (2018). Financial inclusion, poverty and income inequality: Evidence from Africa. Spiritan International Journal of Poverty Studies, 2(2).
go back to reference Ali, A., Jamaludin, N., & Othman, Z. H. (2016). Modeling microfinance acceptance among social network women entrepreneurs. International Journal of Economics and Financial Issues, 6(S4), 72–77. Ali, A., Jamaludin, N., & Othman, Z. H. (2016). Modeling microfinance acceptance among social network women entrepreneurs. International Journal of Economics and Financial Issues, 6(S4), 72–77.
go back to reference Armendariz De Aghion, B. A., & Morduch, J. (2010). The economics of microfinance. MIT press. Armendariz De Aghion, B. A., & Morduch, J. (2010). The economics of microfinance. MIT press.
go back to reference Ashta, A. (Eds.). (2011). Advanced technologies for microfinance. IGI Global. Ashta, A. (Eds.). (2011). Advanced technologies for microfinance. IGI Global.
go back to reference Bateman, M., & Chang, H. (2012). Microfinance and the illusion of development: From hubris to nemesis in thirty years. World Economic Review, 2012(1), 1–13. Bateman, M., & Chang, H. (2012). Microfinance and the illusion of development: From hubris to nemesis in thirty years. World Economic Review, 2012(1), 1–13.
go back to reference Bruton, G., Khavul, S., Siegel, D., & Wright, M. (2015). New financial alternatives in seeding entrepreneurship: Microfinance, crowdfunding, and peer-to-peer innovations. Entrepreneurship: Theory and Practice, 29(1), 9–26. Bruton, G., Khavul, S., Siegel, D., & Wright, M. (2015). New financial alternatives in seeding entrepreneurship: Microfinance, crowdfunding, and peer-to-peer innovations. Entrepreneurship: Theory and Practice, 29(1), 9–26.
go back to reference Chiappini, H. (2017). Social impact funds. Definition, assessment and performance. Palgrave Macmillan.CrossRef Chiappini, H. (2017). Social impact funds. Definition, assessment and performance. Palgrave Macmillan.CrossRef
go back to reference Collier, P. (2007). The bottom billion: Why the poorest countries are failing and what can be done about it. Oxford University Press. Collier, P. (2007). The bottom billion: Why the poorest countries are failing and what can be done about it. Oxford University Press.
go back to reference Dorfleitner, G., Oswald, E.-M., & Zhang, R. (2019). From credit risk to social impact: On the funding determinants in interest-free peer-to-peer lending. Journal of Business Ethics, 170, 375–400. Dorfleitner, G., Oswald, E.-M., & Zhang, R. (2019). From credit risk to social impact: On the funding determinants in interest-free peer-to-peer lending. Journal of Business Ethics, 170, 375–400.
go back to reference Dos Santos, P. L., & Kvangraven, I. H. (2017). Better than cash, but beware the costs: Electronic payments systems and financial inclusion. Developing Economies, 48(2), 205–227. Dos Santos, P. L., & Kvangraven, I. H. (2017). Better than cash, but beware the costs: Electronic payments systems and financial inclusion. Developing Economies, 48(2), 205–227.
go back to reference Gai, K., Qiu, M., & Sun, X. (2018). A survey on FinTech. Journal of Network and Computer Applications, 103(1), 262–273.CrossRef Gai, K., Qiu, M., & Sun, X. (2018). A survey on FinTech. Journal of Network and Computer Applications, 103(1), 262–273.CrossRef
go back to reference Garcia-Perez, I., Munoz-Torres, M. J., & Fernandez-Izquierdo, M. Á. (2017). Microfinance literature: A sustainability level perspective survey. Journal of Cleaner Production, 142, 3382–3395.CrossRef Garcia-Perez, I., Munoz-Torres, M. J., & Fernandez-Izquierdo, M. Á. (2017). Microfinance literature: A sustainability level perspective survey. Journal of Cleaner Production, 142, 3382–3395.CrossRef
go back to reference Mader, P. (2017). Contesting financial inclusion. Development and Change, 49(2), 461–483.CrossRef Mader, P. (2017). Contesting financial inclusion. Development and Change, 49(2), 461–483.CrossRef
go back to reference Morduch, J., Cull, R., & Demirgüç-Kunt, A. (2018). The microfinance business model: Enduring subsidy and modest profit. The World Bank Economic Review, 32(2), 221–244.CrossRef Morduch, J., Cull, R., & Demirgüç-Kunt, A. (2018). The microfinance business model: Enduring subsidy and modest profit. The World Bank Economic Review, 32(2), 221–244.CrossRef
go back to reference Moro Visconti, R. (2015). Leveraging development with technology and microfinance. ACRN Oxford Journal of Finance and Risk Perspectives, 4(3), 19–33. Moro Visconti, R. (2015). Leveraging development with technology and microfinance. ACRN Oxford Journal of Finance and Risk Perspectives, 4(3), 19–33.
go back to reference Moro Visconti, R., & Quirici, M. C. (2014). The impact of innovation and technology on microfinance sustainable governance. Corporate Ownership & Control, 11(3–2), 420–428.CrossRef Moro Visconti, R., & Quirici, M. C. (2014). The impact of innovation and technology on microfinance sustainable governance. Corporate Ownership & Control, 11(3–2), 420–428.CrossRef
go back to reference Sangwan, S., & Nayak, N. C. (2020, July). Factors influencing the borrower loan size in microfinance group lending: A survey from Indian microfinance institutions. Journal of Financial Economic Policy, 13(2), 223–238. Sangwan, S., & Nayak, N. C. (2020, July). Factors influencing the borrower loan size in microfinance group lending: A survey from Indian microfinance institutions. Journal of Financial Economic Policy, 13(2), 223–238.
go back to reference Saxena, A., & Deb, A. T. (2014). Paradigm paranoia or mission drift? Lessons from microfinance crisis in India. Journal of Business Thought, 4, 38–49. Saxena, A., & Deb, A. T. (2014). Paradigm paranoia or mission drift? Lessons from microfinance crisis in India. Journal of Business Thought, 4, 38–49.
go back to reference Shaikh, A. A., & Karjaluoto, H. (2015). Mobile banking adoption: A literature review. Telematics and Informatics, 32(1), 129–142.CrossRef Shaikh, A. A., & Karjaluoto, H. (2015). Mobile banking adoption: A literature review. Telematics and Informatics, 32(1), 129–142.CrossRef
go back to reference Tutino, M. (2013). Matching outreach and financial sustainability. An assessed accounting framework in evaluating performance of microfinance project. GSTF Journal on Business Review, 2(3), 46–50. Tutino, M. (2013). Matching outreach and financial sustainability. An assessed accounting framework in evaluating performance of microfinance project. GSTF Journal on Business Review, 2(3), 46–50.
Metadata
Title
Introduction
Author
Roberto Moro-Visconti
Copyright Year
2021
DOI
https://doi.org/10.1007/978-3-030-80394-0_1