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Microfinance Institutions of the Subcontinent:

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Dialogue_October_December2009_ ...
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Author(s)
Imran, Muhammad
Ghani, Usman
-ul-Amin, Iftikhar
Keywords
Micro-Finance, Subcontinent, Comparative Analysis
GE Subjects
Economic ethics
Religious ethics
Business ethics
Ethics of economic systems
Comparative religion and interreligious dialogue

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URI
http://hdl.handle.net/20.500.12424/187977
Abstract
This research has been undertaken to learn from the successful practices of microfinance institutions operating in South Asia such as Grameen Bank and SEWA bank. The purpose is to make comparison and analysis of Pakistani microfinance institutions with them keeping in mind the international standards recommended for the microfinance institutions in “Institutional Performance Standards and Plans”. Based on the comparative analysis it is concluded that regarding institutional strengths, accurate management information systems which facilitate effective planning, control and timely monitoring of loan repayment, staff policies that stress training, accountability and reward through monetary incentives and promotion, innovative low-cost distribution systems and mobile banking are the factors which contribute towards the success of microfinance institutions.
Date
2009
Type
Article
Copyright/License
With permission of the license/copyright holder
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Globethics Library Submissions
Islamic Ethics

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