Micro finance programs: caring for those missed by formal social protection mechanism

Habib, Mohshin, Hartel, C. and As-Saber, S. 2004, Micro finance programs: caring for those missed by formal social protection mechanism, in Proceedings of International Business Research Conference 2004, World Business Institute, Melbourne, Vic., pp. 1-10.

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Title Micro finance programs: caring for those missed by formal social protection mechanism
Author(s) Habib, Mohshin
Hartel, C.
As-Saber, S.
Conference name International Business Research Conference (2004 : Melbourne, Victoria)
Conference location Melbourne, Victoria
Conference dates 15-16 November 2004
Title of proceedings Proceedings of International Business Research Conference 2004
Editor(s) Hoque, Mohammd Ziual
Publication date 2004
Start page 1
End page 10
Publisher World Business Institute
Place of publication Melbourne, Vic.
Summary In line with the current global trend of economic and social restructuring, it has become essential to address the issue of poverty and social protection for the poorer segment of the population who are not covered by formal social protection mechanisms. Micro finance institutions (MFIs) in developing countries have been working towards poverty alleviation and enhancing social protection for the last few decades. MFI’s provision of financial assistance to the poor has been instrumental in improving the overall quality of the impoverished. Based on an in-depth qualitative study conducted across three different types of NGOs (Non Governmental Organization) in the Philippines, this study found a relationship between micro finance programs and improved social protection. The study reveals that MFIs have the ability to make a positive impact on areas such as entrepreneurship, education, housing, job security and income generation.
ISBN 0646441914
Language eng
Field of Research 200209 Multicultural, Intercultural and Cross-cultural Studies
HERDC Research category E1 Full written paper - refereed
Persistent URL http://hdl.handle.net/10536/DRO/DU:30005538

Document type: Conference Paper
Collections: Faculty of Business and Law
Deakin Business School
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