Micro-Financing

Paper Summary:

This paper focuses on the effects and benefits of micro-financing in specimen countries, focusing on their respective exchange rates. Special focus is given to inflationary pressures, demand of goods and purchasing power, which may be affected by micro-financing.

Outline
I. Introduction: What is Micro-financing
II. Financials and Micro-financing
III. Micro-financing and exchange rates
IV. Benefits of Micro-financing
V. Conclusion

From the Paper:

"The main benefits of micro-credit appear to be reduced vulnerability of the poor to adverse circumstances, increased consumption in the same group, and empowerment of women. The major spin-off of the micro-credit movement at the grassroots level has been the fact that women have used this system to come out and join a mainstream activity in the village. In many areas, particularly where there has been support from NGOs or strong SHGs, women have gained a voice and been able to use this space to come out of their traditional roles into a more 'proactive' male space."

More papers on Micro-Financing:

• Analytical Essay # 128898 : "Micro Financing: An Answer to Poverty?"
• Analytical Essay # 136542 : "Business Case and Micro-Finance"
• Book Review # 118431 : "Finance and World Poverty"

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