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Publication Details
AFRICAN RESEARCH NEXUS
SHINING A SPOTLIGHT ON AFRICAN RESEARCH
economics, econometrics and finance
The Impact of Microfinance in Sub-Saharan Africa: A Systematic Review of the Evidence
World Development, Volume 40, No. 11, Year 2012
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Description
Microfinance is seen as a key development tool, and despite the current deepening crisis within the industry, it continues to grow in sub-Saharan Africa. We systematically reviewed the evidence of the impacts of micro-credit and micro-savings on poor people in sub-Saharan Africa. We considered impacts on income, savings, expenditure, and the accumulation of assets, as well as non-financial outcomes including health, nutrition, food security, education, child labor, women's empowerment, housing, job creation, and social cohesion. The available evidence shows that microfinance does harm, as well as good, to the livelihoods of the poor. © 2012 Elsevier Ltd.
Authors & Co-Authors
van Rooyen, Carina
South Africa, Johannesburg
University of Johannesburg
Stewart, Ruth J.
South Africa, Johannesburg
University of Johannesburg
de Wet, Thea
South Africa, Johannesburg
University of Johannesburg
United Kingdom, London
Ucl Institute of Education
Statistics
Citations: 458
Authors: 3
Affiliations: 2
Identifiers
Doi:
10.1016/j.worlddev.2012.03.012
ISSN:
0305750X
Research Areas
Food Security
Maternal And Child Health
Study Approach
Systematic review
Participants Gender
Female