What makes microfinance happen?

Authors

  • Manuel Antonio Jiménez Castillo El Colegio de la Frontera Norte. Sede Nuevo Laredo, México., Mexico

DOI:

https://doi.org/10.15359/eys.20-48.4

Keywords:

Determinants of development, human development, mMicrocredit, poverty

Abstract

In this paper we have attempted to shed light on what makes development happen from those determinants that enable microfinance work as an effective tool to eradicate poverty. The effectiveness of such instrument in the generation of wealth to the poorest class demand overcoming the minimalist approach that condemns its practices to a mere provision of microfinancial services. This hypothesis will be analytically and empirically proven assuming human development as a cause and not only as an outcome of the microfinance success. To such end, two regression lines were designed where variables such as education, health and food security proved to be explanatory determinant to explain income behaviour for those beneficiaries of the microfinance programs.

Author Biography

Manuel Antonio Jiménez Castillo, El Colegio de la Frontera Norte. Sede Nuevo Laredo, México.

PhD in Economics. Researcher and Professor at El Colegio de la Frontera Norte. Sede Nuevo Laredo, México.

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Published

12/08/2015

How to Cite

What makes microfinance happen?. (2015). Economía Y Sociedad, 20(48), 1-21. https://doi.org/10.15359/eys.20-48.4

Issue

Section

Articles (Arbitrated section)

How to Cite

What makes microfinance happen?. (2015). Economía Y Sociedad, 20(48), 1-21. https://doi.org/10.15359/eys.20-48.4

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