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

conference contribution
posted on 2004-01-01, 00:00 authored by M Habib, Charmine Hartel, S As-Saber
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.

History

Title of proceedings

Proceedings of International Business Research Conference 2004

Event

International Business Research Conference (2004 : Melbourne, Victoria)

Pagination

1 - 10

Publisher

World Business Institute

Location

Melbourne, Victoria

Place of publication

Melbourne, Vic.

Start date

2004-11-15

End date

2004-11-16

ISBN-13

9780646441917

ISBN-10

0646441914

Language

eng

Publication classification

E1 Full written paper - refereed

Editor/Contributor(s)

M Hoque

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