What makes microfinance happen?
In this paper we have attempted to shed light on what makes development happen from those determinants that enable microfinance work as an effective tool to eradicate poverty. The effectiveness of such instrument in the generation of wealth to the poorest class demand overcoming the minimalist appro...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2015 |
| País: | Costa Rica |
| Institución: | Universidad Nacional de Costa Rica |
| Repositorio: | Portal de Revistas UNA |
| Idioma: | español |
| OAI Identifier: | oai:ojs.www.una.ac.cr:article/7534 |
| Acceso en línea: | https://www.revistas.una.ac.cr/index.php/economia/article/view/7534 |
| Access Level: | acceso abierto |
| Palabra clave: | Determinants of development human development mMicrocredit poverty Determinantes del desarrollo desarrollo humano microcréditos pobreza |
| Sumario: | In this paper we have attempted to shed light on what makes development happen from those determinants that enable microfinance work as an effective tool to eradicate poverty. The effectiveness of such instrument in the generation of wealth to the poorest class demand overcoming the minimalist approach that condemns its practices to a mere provision of microfinancial services. This hypothesis will be analytically and empirically proven assuming human development as a cause and not only as an outcome of the microfinance success. To such end, two regression lines were designed where variables such as education, health and food security proved to be explanatory determinant to explain income behaviour for those beneficiaries of the microfinance programs. |
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