Title

Is high microcredit interest rates exploiting poor or helping microcredit bolster

Author

Ather Nabeel Mir

Degree

Master of Business Administration Executive

Faculty / School

Faculty of Business Administration (FBA)

Year of Award

2012

Project Type

MBA Executive Research Project

Access Type

Restricted Access

Keywords

Finance, Economic development, Economic growth

Executive Summary

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.

Pages

58

Link to Catalog Record

https://ils.iba.edu.pk/cgi-bin/koha/opac-detail.pl?biblionumber=54922

Recommended Citation

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 Is high microcredit interest rates exploiting poor or helping microcredit bolster (Unpublished graduate research project).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