Publication Date
1-1-2018
School
School of Business
Major
Business Administration
Keywords
Microfinance, Banking, Business Models, Entrepreneurship, Entrepreneurs, Female Entrepreneurs, Empowerment, Nonprofit, Poverty, World Poverty, Poverty Alleviation, Vocational Education, Microcredit, Grameen Bank, Micro-loans, Ultra-poor
Disciplines
Business Administration, Management, and Operations | Business and Corporate Communications | Business Law, Public Responsibility, and Ethics | Entrepreneurial and Small Business Operations | Finance and Financial Management | Gender, Race, Sexuality, and Ethnicity in Communication | International and Intercultural Communication | International Business | Interpersonal and Small Group Communication | Nonprofit Administration and Management | Vocational Education
Recommended Citation
Basney, Alison, "Microfinance: Combating World Poverty One Small Business at a Time" (2018). Senior Honors Theses. 705.
https://digitalcommons.liberty.edu/honors/705
Abstract
Poverty is a major problem that reaches millions of people around the world. Although many organizations and individuals work daily to combat this, much of the work done to reduce poverty lacks sustainability and serves only to remedy to the effects of poverty, rather than create a solution to the causes of poverty. Microfinance can be very basically defined as the provision of banking to the impoverished who would not otherwise have access to these services. This purpose of this thesis is to show that microfinance is the ideal solution to the poverty problem by using research and evidence from case studies. This thesis also contains analyses of these studies with the purpose of discovering best practices in microfinance.
Included in
Business Administration, Management, and Operations Commons, Business and Corporate Communications Commons, Business Law, Public Responsibility, and Ethics Commons, Entrepreneurial and Small Business Operations Commons, Finance and Financial Management Commons, Gender, Race, Sexuality, and Ethnicity in Communication Commons, International and Intercultural Communication Commons, International Business Commons, Interpersonal and Small Group Communication Commons, Nonprofit Administration and Management Commons, Vocational Education Commons
