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Microfinance and The Improvement of Social Welfare of Beneficiary Households: Evidence from Tunisia

Yıl 2019, Cilt: 1 Sayı: 3, 188 - 205, 08.07.2019

Öz

This study is a contribution in the field of evaluation of the effects of microfinance on the social status of its beneficiaries. In this article, we used the counterfactual approach that compares the evolution of the situation of beneficiaries of microcredit to a control group (which has the same initial characteristics of the group of beneficiaries). The results of our empirical study confirm previous findings on the positive effects of microfinance on social welfare. These effects are identified through rising food costs, access to health services, education for children and improved household living arrangements.

Kaynakça

  • Afrane, S. (2002). Impact Assessment of Microfinance Interventions in Ghana and South Africa-A Synthesis of Major Impacts and Lessons. Journal of Microfinance/ESR Review.
  • Alemu, B. A. (2004). Microfinance and improvement in living Standards: a pathway out of poverty (the case of Enemay Woreda, Eastern Gojjam, Amhara Regional State). Regional and Local Development studies (RLDS), Addis Ababa. Retrieved from http://etd.aau.edu.et/bitstream/123456789/755/3/Thesis (Asefa Abadi, Materials Science Program, March 2012).pdf
  • Brau, J. C., Hiatt, S., & Woodworth, W. (2009). Evaluating impacts of microfinance institutions using Guatemalan data. Managerial Finance. https://doi.org/10.1108/03074350911000025
  • Brau, J. C., & Woller, G. M. (2004). Microfinance: A Comprehensive Review of the Existing Literature. Journal of Entrepreneurial Finance, 9(1), 1–27.
  • Buckley, G. (1996). Rural and agricultural credit in Malawi. A study of Malawi Mudzi fund and the smallholder agricultural credit administration. Retrieved from http://agris.fao.org/agris-search/search.do?recordID=GB9633871
  • Bucley, G. (1996). Rural and Agricultural Credit in Malawi: A Study of the Malawi Mudzi Fund and the Smallholder Agricultural Administration. In Finance Against Poverty (pp. 428–521). Routledge.
  • Chen, M. a., & Snodgrass, D. (2001). Managing Resources , Activities , and Risk in Urban India : The Impact of Sewa Bank. Washington, D.C.
  • DeLoach, S. B., & Lamanna, E. (2011). Measuring the Impact of Microfinance on Child Health Outcomes in Indonesia. World Development, 39(10), 1808–1819. https://doi.org/10.1016/j.worlddev.2011.04.009
  • Gubert, F., & Roubaud, F. (2005). Analyser l ’ impact d’un projet de Micro-finance : l’exemple d’ADéFI à Madagascar, (33).
  • Hardy, S. D., & Koontz, T. M. (2009). Rules for Collaboration: Institutional Analysis of Group Membership and Levels of Action in Watershed Partnerships. Policy Studies Journal, 37(3), 393–414.
  • Khandker, S. R. (2005). Microfinance and Poverty: Evidence Using Panel Data from Bangladesh. THE WORLD BANK ECONOMIC REVIEW, 19(2), 263–286. https://doi.org/10.1093/wber/lhi008
  • Littlefield, E., Morduch, J., & Hachemi, S. (2003). Is Microfinance An Effective Strategy To Reach The Millennium Development Goals? (NO. 24). CGAP Focus Note. Washington DC 20433. Retrieved from www.cgap.org
  • Maldonado, J. H., & González-Vega, C. (2008). Impact of Microfinance on Schooling: Evidence from Poor Rural Households in Bolivia. World Development, 36(11), 2440–2455. https://doi.org/10.1016/J.WORLDDEV.2008.04.004
  • Maxwell, S. (1999). The Meaning and Measurement of Poverty (Poverty Briefing NO.3). Overseas Development Institute (ODI), London. Retrieved from https://www.odi.org/sites/odi.org.uk/files/odi-assets/publications-opinion-files/3095.pdf
  • Mazumder, M. S. U., & Lu, W. (2015). What Impact Does Microfinance Have on Rural Livelihood? A Comparison of Governmental and Non-Governmental Microfinance Programs in Bangladesh. World Development, 68, 336–354. https://doi.org/10.1016/j.worlddev.2014.12.002
  • McIntosh, C., Villaran, G., & Wydick, B. (2011). Microfinance and Home Improvement: Using Retrospective Panel Data to Measure Program Effects on Fundamental Events. World Development, 39(6), 922–937. https://doi.org/10.1016/j.worlddev.2011.03.001
  • Merrill, S. R. (2012). Microfinance for Housing. In International Encyclopedia of Housing and Home (pp. 274–281). Elsevier. https://doi.org/10.1016/B978-0-08-047163-1.00140-5
  • Mknelly, B., & Dunford, C. (1999). Impact of Credit with Education on Mothers and Their Young Children’s Nutrition: CRECER Credit with Education Program in Bolivia (The Program in International Nutrition No. Research Paper NO. 5). California. Retrieved from https://www.freedomfromhunger.org/sites/default/files/Bolivia_Nutrition_Impact_Study_12-99-eng.pdf
  • Pitt, M., & Khandker, S. (1998). The Impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter? Journal of Political Economy, 106(5), 958–996. Retrieved from https://econpapers.repec.org/RePEc:ucp:jpolec:v:106:y:1998:i:5:p:958-996
  • Pitt, M. M., Khandker, S. R., Chowdhury, O. H., & Millimet, D. L. (2003). Credit Programs for the Poor and the Health Status of Children in Rural Bangladesh. International Economic Review, 44(1), 87–118. Retrieved from http://www.jstor.org/stable/827007
  • Sebstad, J., & Chen, G. (1996). Overview Of Studies On The Impact Of Microenterprise Credit. Washington, D.C. Retrieved from http://pdf.usaid.gov/pdf_docs/Pnabz074.pdf Suturo, A. D. (1990). Briefing Booklet: KUPEDES Development Impact Survey. Indonisia.
  • Yin, R. K. (2003). CASE STUDY RESEARCH Design and Methods (Second Edition). London: SAGE Publications. Retrieved from http://www.madeira-edu.pt/LinkClick.aspx?fileticket=Fgm4GJWVTRs%3D&tabid=3004

Microfinance and The Improvement of Social Welfare of Beneficiary Households: Evidence from Tunisia

Yıl 2019, Cilt: 1 Sayı: 3, 188 - 205, 08.07.2019

Öz

This study is a contribution
in the field of evaluation of the effects of microfinance on the social status
of its beneficiaries. In this article, we used the counterfactual approach that
compares the evolution of the situation of beneficiaries of microcredit to a
control group (which has the same initial characteristics of the group of
beneficiaries). The results of our empirical study confirm previous findings on
the positive effects of microfinance on social welfare. These effects are
identified through rising food costs, access to health services, education for
children and improved household living arrangements.

Kaynakça

  • Afrane, S. (2002). Impact Assessment of Microfinance Interventions in Ghana and South Africa-A Synthesis of Major Impacts and Lessons. Journal of Microfinance/ESR Review.
  • Alemu, B. A. (2004). Microfinance and improvement in living Standards: a pathway out of poverty (the case of Enemay Woreda, Eastern Gojjam, Amhara Regional State). Regional and Local Development studies (RLDS), Addis Ababa. Retrieved from http://etd.aau.edu.et/bitstream/123456789/755/3/Thesis (Asefa Abadi, Materials Science Program, March 2012).pdf
  • Brau, J. C., Hiatt, S., & Woodworth, W. (2009). Evaluating impacts of microfinance institutions using Guatemalan data. Managerial Finance. https://doi.org/10.1108/03074350911000025
  • Brau, J. C., & Woller, G. M. (2004). Microfinance: A Comprehensive Review of the Existing Literature. Journal of Entrepreneurial Finance, 9(1), 1–27.
  • Buckley, G. (1996). Rural and agricultural credit in Malawi. A study of Malawi Mudzi fund and the smallholder agricultural credit administration. Retrieved from http://agris.fao.org/agris-search/search.do?recordID=GB9633871
  • Bucley, G. (1996). Rural and Agricultural Credit in Malawi: A Study of the Malawi Mudzi Fund and the Smallholder Agricultural Administration. In Finance Against Poverty (pp. 428–521). Routledge.
  • Chen, M. a., & Snodgrass, D. (2001). Managing Resources , Activities , and Risk in Urban India : The Impact of Sewa Bank. Washington, D.C.
  • DeLoach, S. B., & Lamanna, E. (2011). Measuring the Impact of Microfinance on Child Health Outcomes in Indonesia. World Development, 39(10), 1808–1819. https://doi.org/10.1016/j.worlddev.2011.04.009
  • Gubert, F., & Roubaud, F. (2005). Analyser l ’ impact d’un projet de Micro-finance : l’exemple d’ADéFI à Madagascar, (33).
  • Hardy, S. D., & Koontz, T. M. (2009). Rules for Collaboration: Institutional Analysis of Group Membership and Levels of Action in Watershed Partnerships. Policy Studies Journal, 37(3), 393–414.
  • Khandker, S. R. (2005). Microfinance and Poverty: Evidence Using Panel Data from Bangladesh. THE WORLD BANK ECONOMIC REVIEW, 19(2), 263–286. https://doi.org/10.1093/wber/lhi008
  • Littlefield, E., Morduch, J., & Hachemi, S. (2003). Is Microfinance An Effective Strategy To Reach The Millennium Development Goals? (NO. 24). CGAP Focus Note. Washington DC 20433. Retrieved from www.cgap.org
  • Maldonado, J. H., & González-Vega, C. (2008). Impact of Microfinance on Schooling: Evidence from Poor Rural Households in Bolivia. World Development, 36(11), 2440–2455. https://doi.org/10.1016/J.WORLDDEV.2008.04.004
  • Maxwell, S. (1999). The Meaning and Measurement of Poverty (Poverty Briefing NO.3). Overseas Development Institute (ODI), London. Retrieved from https://www.odi.org/sites/odi.org.uk/files/odi-assets/publications-opinion-files/3095.pdf
  • Mazumder, M. S. U., & Lu, W. (2015). What Impact Does Microfinance Have on Rural Livelihood? A Comparison of Governmental and Non-Governmental Microfinance Programs in Bangladesh. World Development, 68, 336–354. https://doi.org/10.1016/j.worlddev.2014.12.002
  • McIntosh, C., Villaran, G., & Wydick, B. (2011). Microfinance and Home Improvement: Using Retrospective Panel Data to Measure Program Effects on Fundamental Events. World Development, 39(6), 922–937. https://doi.org/10.1016/j.worlddev.2011.03.001
  • Merrill, S. R. (2012). Microfinance for Housing. In International Encyclopedia of Housing and Home (pp. 274–281). Elsevier. https://doi.org/10.1016/B978-0-08-047163-1.00140-5
  • Mknelly, B., & Dunford, C. (1999). Impact of Credit with Education on Mothers and Their Young Children’s Nutrition: CRECER Credit with Education Program in Bolivia (The Program in International Nutrition No. Research Paper NO. 5). California. Retrieved from https://www.freedomfromhunger.org/sites/default/files/Bolivia_Nutrition_Impact_Study_12-99-eng.pdf
  • Pitt, M., & Khandker, S. (1998). The Impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter? Journal of Political Economy, 106(5), 958–996. Retrieved from https://econpapers.repec.org/RePEc:ucp:jpolec:v:106:y:1998:i:5:p:958-996
  • Pitt, M. M., Khandker, S. R., Chowdhury, O. H., & Millimet, D. L. (2003). Credit Programs for the Poor and the Health Status of Children in Rural Bangladesh. International Economic Review, 44(1), 87–118. Retrieved from http://www.jstor.org/stable/827007
  • Sebstad, J., & Chen, G. (1996). Overview Of Studies On The Impact Of Microenterprise Credit. Washington, D.C. Retrieved from http://pdf.usaid.gov/pdf_docs/Pnabz074.pdf Suturo, A. D. (1990). Briefing Booklet: KUPEDES Development Impact Survey. Indonisia.
  • Yin, R. K. (2003). CASE STUDY RESEARCH Design and Methods (Second Edition). London: SAGE Publications. Retrieved from http://www.madeira-edu.pt/LinkClick.aspx?fileticket=Fgm4GJWVTRs%3D&tabid=3004
Toplam 22 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Konular Ekonomi
Bölüm Makaleler
Yazarlar

Boudour Bzeouich 0000-0002-9434-6293

Yayımlanma Tarihi 8 Temmuz 2019
Kabul Tarihi 25 Nisan 2019
Yayımlandığı Sayı Yıl 2019 Cilt: 1 Sayı: 3

Kaynak Göster

APA Bzeouich, B. (2019). Microfinance and The Improvement of Social Welfare of Beneficiary Households: Evidence from Tunisia. BİLTÜRK Ekonomi Ve İlişkili Çalışmalar Dergisi, 1(3), 188-205.

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