POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR

Amour Normain RAKOTOBE; Carole TOTOZAFY; Thierry Mamiarinjato RAKOTOBE

POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR

September 2024

Vol-10, Issue-5

Paper ID: 24996

ISSN: 2395-4396

Downloads: 0

Abstract & Details

Research Area

Economics

Keywords

microfinance institution loans borrower credit savings Madagascar

Abstract

The main point here is to understand how microfinance institution evolved. Did they abandoned the most disadvantaged people to reach their goal ? As the article goes on, shows that the most sustainable institutions practice individual loans (loans mainly for the less poor). Other than that, the article gives an overview of theories on microfinance : the basics of microfinance, the regional (or African) theories of microfinance and the visionary theories developed by microfinance (individual loans, collective loans and savings service). Those theories shows how microfinance institution evolved strategically speaking. As for the case of Madagascar, the evolution begins in the early 1990s even if mutualist microfinance existed long before. And nowadays, the evolution of MFIs in the country is still on the go with the mobile banking system.

License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author Information

#	Name	Institute / Affiliation
1	Amour Normain RAKOTOBE	Doctoral school in Human and Social Sciences, Doctoral Team in Dynamics of Management Organizations and Management of the University of Antananarivo, Madagascar
2	Carole TOTOZAFY	Doctoral School of Human and Social Science, Domain: Arts, letters and Human Sciences of the University of Antananarivo
3	Thierry Mamiarinjato RAKOTOBE	Doctoral School of Human and Social Science, Domain: Arts, letters and Human Sciences of the University of Antananarivo

How to Cite

Use the following formats to cite this article in your research.

APA Style

RAKOTOBE, Amour Normain, TOTOZAFY, Carole, & RAKOTOBE, Thierry Mamiarinjato (2024). POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR. International Journal of Advance Research and Innovative Ideas In Education, 10(5), 638-645.

MLA Style

RAKOTOBE, Amour Normain, et al. "POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR." International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 5, 2024, pp. 638-645.

IEEE Style

Amour Normain RAKOTOBE, Carole TOTOZAFY, and Thierry Mamiarinjato RAKOTOBE, "POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR," International Journal of Advance Research and Innovative Ideas In Education, vol. 10, no. 5, pp. 638-645, 2024.

Vancouver Style

RAKOTOBE Amour Normain, TOTOZAFY Carole, RAKOTOBE Thierry Mamiarinjato. POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR. International Journal of Advance Research and Innovative Ideas In Education. 2024;10(5):638-645.

Harvard Style

RAKOTOBE, Amour Normain, TOTOZAFY, Carole, & RAKOTOBE, Thierry Mamiarinjato (2024) 'POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR', International Journal of Advance Research and Innovative Ideas In Education, 10(5), pp. 638-645.

Chicago Style

RAKOTOBE, Amour Normain, Carole TOTOZAFY, and Thierry Mamiarinjato RAKOTOBE. "POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR." International Journal of Advance Research and Innovative Ideas In Education 10, no. 5 (2024): 638-645.

Turabian Style

RAKOTOBE, Amour Normain, Carole TOTOZAFY, and Thierry Mamiarinjato RAKOTOBE. "POVERTY AND MICROFINANCE : TOWARDS A CONTROVERSIAL APPROACH IN THE CASE OF MADAGASCAR." International Journal of Advance Research and Innovative Ideas In Education 10, no. 5 (2024): 638-645.