An Impact Analysis of Microfinance in Bosnia and Herzegovina

被引：31

作者：

Hartarska, Valentina ^{[1
]}

Nadolnyak, Denis ^{[1
]}

机构：

[1] Auburn Univ, Auburn, AL 36849 USA

来源：

WORLD DEVELOPMENT | 2008年 / 36卷 / 12期

关键词：

microfinance; impact study; microfinance institutions; financing constraints; Eastern Europe; Bosnia and Herzegovina;

D O I：

10.1016/j.worlddev.2008.01.015

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

This paper applies the financing constraints approach to study whether microfinance institutions improved access to credit For microenterprises in Bosnia and Herzegovina, According, to this approach. microenterprises with improved access to credit rely less on internal funds for their investments. Thus. WC compare investment sensitivity to internal funds of, microenterprises in municipalities with significant presence of MFIs to that of microenterprises in municipalities with no (or limited) presence of MFIs Using, Living Standards Measurement Survey and MFI branch location data. Results indicate that MFIs alleviated microbusinesses financing constraints. This approach is applicable to evaluating, microfinance impact in other countries.. (c) 2008 Elsevier Ltd. All rights reserved.

引用

页码：2605 / 2619

页数：15

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