Master of Business Administration Executive
Faculty / School
Faculty of Business Administration (FBA)
Year of Award
MBA Executive Research Project
The research reported in this article was on “Is high microcredit interest rates exploiting poor or helping microcredit bolster?" As far back as the year 1515, Pope Leo X issued a ruling in favor of organizations called monte pietatis, or "mounts of piety/' declaring that lending to poor is an act of mercy (Phil Smith & Eric Thurman (2007), A Billion Bootstraps", Appendix A, Avery Brief History of Microcredit, pp.179-182).
The purpose of research was to study whether interest rates charged by microfinance institution are high enough to exploit poor or they are at the level where they are expanding this service. The scope of this study also sees what the components of microcredit interest rates are and whether these rates are in such ranges that make micro finance institutions viable. The secondary data was collected by reviewing literature available on C6AP, libraries and Internet. The primary data was gathered by floating questionnaires to microfinance personnel and interviewing microfinance borrowers.
Mir, A. N. (2012). Is high microcredit interest rates exploiting poor or helping microcredit bolster (Unpublished graduate research project). Institute of Business Administration, Pakistan. Retrieved from https://ir.iba.edu.pk/research-projects-emba/496
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