Understanding what microfinance institutions need to address to aid poverty alleviation, social inclusion and human development

Habib, Mohshin, Lloyd, S. and Hartel, C. 2004, Understanding what microfinance institutions need to address to aid poverty alleviation, social inclusion and human development, in Proceedings of International Business Research Conference 2004, World Business Institute, Melbourne, Vic., pp. 1-11.

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Title Understanding what microfinance institutions need to address to aid poverty alleviation, social inclusion and human development
Author(s) Habib, Mohshin
Lloyd, S.
Hartel, C.
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 11
Publisher World Business Institute
Place of publication Melbourne, Vic.
Summary Poverty, in its most basic form can be defined as a deprivation of well-being. It is an issue that has been evident in society for centuries and a concern for government policy makers and more recently for non-government organizations (NGOs). In this paper, we consider how management approaches to resolving the dilemma of poverty can be advanced by drawing on two major areas in the development arena associated with poverty, namely, ‘social exclusion’ and ‘the human development paradigm’. We put forward the argument that for groups of people where social disintegration has already occurred, only structural interventions coupled with a social development mechanism will achieve the desired effect. One method for achieving this is through the use of microfinance programs which provide a broad range of financial services to the poor and low-income households as well as to micro-enterprises. This paper contributes to both management practice and theory by developing a theoretical model that microfinance institutions need to do to aid both ‘human development’ and ‘social inclusion’ processes for the socially excluded and poor.
ISBN 9780646441917
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:30005541

Document type: Conference Paper
Collection: Deakin Graduate School of Business
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