Social and Behavioral Sciences Commons^™

Rural Microfinance And Business Ownership Outcomes A Case Of Tanzania Educational And Micro Business Opportunity (Tembo) Loan And Non-Loan Recipients In Longido District, Tanzania, Owen Conlin

Independent Study Project (ISP) Collection

The study takes place in a rural area of Tanzania with gender barriers that are extremely difficult to overcome on a cultural level. This research examines outcomes for women in Longido District, Tanzania along the lines of MFI participation, education levels, financial variables, and empowerment variables. This study intends to elaborate this theory by examining the role that education plays in the success of Microfinance Institutions (MFI’s). It was found that MFI participation is correlated with increased financial and overall independence. Higher levels of education are found to be correlated with increased income, financial independence, personal empowerment, and overall independence. …

The Path To Mainstream Finance: Exploring Complementary Currencies And Interest-Free Lending, Ema Di Fruscia

Independent Study Project (ISP) Collection

This paper explores elements of alternative finance including complementary currencies, credit clearing systems, and Islamic Banking practices. I begin first by outlining the issues created by the mainstream western banking model, including wealth inequality, socioeconomic discrimination, environmental degradation, and the collapse of small businesses and local economies. I go on to introduce and define the concepts of complementary currencies, Local Exchange Trading Systems, and credit clearing systems; I argue that these systems challenge the popularly held perceptions that currencies and mainstream banking practices in general are immutable, given, or ideal. To support this assertion, I transition into my research findings …

Kila Wakati Ni Wakati Wa Chai: Mapping The Regional Commodity Chain Of Tea In The Village Of Sagara, Rebecca Gourlay

Independent Study Project (ISP) Collection

Tracing the commodity chain of tea from leaf to cup is a complex process that involves many actors at the production, distribution, processing and consumption levels. This study focuses on the regional tea commodity chain in the village of Sagara in the West Usambara Mountains of Tanzania in order to help explain the change in livelihood of tea as a cash crop. Semi-structured interviews with tea farmers were used to gain perspective on the nuances of the regional tea commodity chain at the production level. Several external actors, including Tanzania Smallholder Tea Development Agency (TSHTDA) and the Tea Research Institute …

Women In Microfinance And Its Social Effects On The Community: A Case Study In Hue, Vietnam, Madison Spigel

Independent Study Project (ISP) Collection

Microfinance, a form of micro lending with no collateral, has been used as a way to finance the poor since the foundation of the Grameen Bank in Bangladesh by Muhammad Yunus in 1983. Since the Doi Moi period, the Vietnamese government has showed great interest in microfinance and has made this loan system available to both its rural and urban citizens through organizations like the Women‟s Union. Through detailed surveys and semi-structured in depth interviews of both women in the Union as well as related parties in Hue, I was able to study how microfinance is used by these women …

Curbing Corporate Inversions: A Study Of National And International Efforts To Establish Corporate Tax Equity, Scott Novak

Independent Study Project (ISP) Collection

In recent years, the number of U.S. companies trying to merge with a foreign company and thereby reincorporate themselves in countries with a lower corporate tax rate – a practice known as corporate inversion – has skyrocketed. The public outcry in 2014 against corporate inversions led the U.S. Treasury to release a series of new anti-inversion regulations, and more policy changes are in the process of being debated. At the same time as this national discussion on the harmful effects corporate inversions have on the U.S. tax base is progressing, the Organization for Economic Cooperation and Development (OECD) is in …

Financial Literacy And Financial Inclusion Of Women In Rural Rajasthan, Emily Levi-D'Ancona

Independent Study Project (ISP) Collection

Financial inclusion is an important step in development, as access to finances can help the poor build money and lift themselves out of poverty. In many parts of the developing world, and especially in India, microfinance is seen as a new approach to fighting poverty by bringing financial services, including low-interest loans, to the poor so that they can afford to start a business or invest and eventually gain self-sufficiency – in other words, a method of financial inclusion for the poor. However, microfinance in India cannot sufficiently reach the poor populations, especially those in rural India, and many of …

Microfinance Et Développement Au Cameroun : L’Efficacité De La Mc2 Dans La Communauté Agricole De Batoufam, Elisabeth Hansen

Independent Study Project (ISP) Collection

The agriculture sector in Cameroon remains underdeveloped, and many farmers continue to suffer a lack of means. Given the debate concerning the efficacy of microfinance as a solution,this study aimed to examine the efficacy of a microfinance institution, La Mutuelle Communautaire de Croissance (MC²) in Batoufam, a rural agricultural village in Cameroon. In recent years, MC²s have become very popular in Cameroon; however, there is not yet a thorough study on the efficacy of the MC² of Batoufam. Through interviewing farmers, the Chief of Batoufam, the employees of MC² and of the NGO Appropriate …

Fund My Trip: Is Outmigration Changing The Functioning Of Microfinance In Rural Areas?, Vadim A. Berg

Independent Study Project (ISP) Collection

Remittances have been integral to Nepal’s economy since the 19^th century, and they have never been as crucial to the nation’s income as today, accounting for about a quarter of GDP. Microfinance first appeared in Nepal in the 1950s under the form of agricultural cooperatives, and today both saving and credit cooperatives and formal microfinance banks play an important role in giving rural populations access to financial institutions. Increasingly, both these two flows have begun to interact, and this research aims to shed light on these microfinance foreign employment loans. Is microcredit making migration a more affordable and viable …

El Microcrédito Como Herramienta Para Promover La Autonomía Económica Y El Empoderamiento Social En Mujeres De Bajos Recursos En El Conurbano Norte: El Caso De “Mujeres 2000” / Microcredits As A Tool To Promote Economic Autonomy And Social Empowerment In Women With Few Resources In The Northern Metropolitan Area: The Case Of “Mujeres 2000”, Stephanie Allen

Independent Study Project (ISP) Collection

In recent years, Argentina has been faced with many economic downfalls, specifically the economic crisis of 2001. These economic hardships led to higher rates of poverty and unemployment throughout the country. The populations most affected but such harsh economic downturns were the already vulnerable; one of which being women. Many women in Argentina and throughout Latin America occupy a lower position in society and often bear most of the burden of poverty and unemployment.

As a response to the isolation of some groups from the formal economic system, the idea of microfinance took shape. Presently in Argentina there exist over …

Crédito Y Confianza: Los Impactos Socioeconómicos De Fondo Esperanza En Temuco Y Padre Las Casas, Rebecca Berwick

Independent Study Project (ISP) Collection

Microcredit is not a 21st century phenomenon, but it has gained remarkable momentum recently, with the awarding of the 2006 Nobel Peace Prize to the founder of the Grameen Bank of Bangladesh. Fondo Esperanza saw a need for such facilitated access to small loans around Chile. Though Chile is often viewed as a model for Latin American macroeconomic success, it maintains one of the worst distributions of wealth in the world. Much of Chile’s disadvantaged people attempt to make a living through the operation of micro-businesses. In my research, I explored Fondo Esperanza’s operations in Temuco: its organizational structure and …