Assessing the Sustainability/efficiency of Sub-saharan Africa's Microfinance Institutions as it Relates to Solving Poverty & Stimulating Economic Growth

Open Access
Author:
Prochowski, Ariel
Area of Honors:
Finance
Degree:
Bachelor of Science
Document Type:
Thesis
Thesis Supervisors:
  • Orie Edwin Barron, Thesis Supervisor
  • Brian Spangler Davis, Honors Advisor
Keywords:
  • Microfinance
  • Micro Finance
  • Microlending
  • Micro Lending
  • Microcredit
  • Micro credit
  • MFI Sustainability
  • MFI Efficiency
Abstract:
My dissertation reviews a plethora of microfinance institutions (MFIs) in countries all over Sub-Saharan Africa to investigate their sustainability. I find my paper to be particularly relevant and crucial as MFIs need to function proficiently to satisfy their dual mandate of aiding the underprivileged and being sustainable. My belief is that MFIs are not reaching their goals of delivering microfinance services (e.g. mediating monies between lenders and borrowers) that leave their clients better off in the long-run.