Global financial partnerships in microfinance: India, Peru and Tanzania
Marr, Ana and Tubaro, Paola (2012) Global financial partnerships in microfinance: India, Peru and Tanzania. La Revista Iberoamericana de Estudios de Desarrollo / Iberoamerican Journal of Development Studies, 1 (1). pp. 29-57.
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The paper studies the ‘wholesale’ market through which microfinance institutions operating in three contexts (Peru, Tanzania and the state of Tamil Nadu in India) obtain loans from a variety of domestic and international funding bodies. The nature and characteristics of the relationships between them are captured through network analysis and visualization tools, with a dataset comprising inter-organisational lending relationships and organisations’ attributes over the years 2006-8. Focus is on the extent to which patterns in wholesale lending relationships relate to the legal status and characteristics of microfinance institutions; to the regulatory, business and social environment in which they operate; and to shifts in the balance between social and commercial interests of diverse types of lenders.
The analysis brings to light considerable cross-country variation in the structure and features of wholesale lending relationships, and relates it primarily to differences in governance and regulation. On this basis, it makes the case that building a more enabling regulatory environment for funding partnerships may improve the capacity of microfinance to achieve its dual goals of poverty alleviation and financial sustainability.
|Additional Information:|| Paper appears in the first issue of la Revista Iberoamericana de Estudios de Desarrollo (RIED) / Iberoamerican Journal of Development Studies, published jointly by la Cátedra de Cooperación para el Desarrollo de la Universidad de Zaragoza / la Red Española de Estudios de Desarrollo (REEDES) (translation: Chair of Development Cooperation, based at the Universidad de Zaragoza (Spain) / the Spanish Network of Development Studies (REEDES)).|
|Uncontrolled Keywords:||microfinance, global partnerships, India, Peru, Tanzania|
|Subjects:||H Social Sciences > HB Economic Theory|
|School / Department / Research Groups:||Natural Resources Institute|
Natural Resources Institute > Development Studies Research Group
Natural Resources Institute > Food & Markets
School of Business
School of Business > Department of International Business & Economics
|Last Modified:||05 Mar 2012 11:45|
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