Banking services and access to credit provide the link between...
Savors and Investors
100
Commercial banks in developing countries often cater to
larger, wealthier borrowers, bypassing the medium-sized and especially smaller borrowers.
100
Can Micro-credit schemes become a substitute for urgently needed government anti-poverty policies?
No.The alleviation of poverty cannot be achieved by reliance on micro-credit schemes alone.
100
Credit (loans) in small amounts
to people who do not ordinarily have access to credit
What is Micro-credit?
100
Golden standard used to determine the effectiveness of interventions like deworming, sexual behavior and bed nets.
What is a RCT?
200
What would happen if funds of savers could not be borrowed by investors?
People would have to rely on individual savings for investments
200
This bank started by giving poor families $27 with no requirement for collateral or repayment.
What is Grameen Bank?
200
work unregulated by the government, where workers have no social protection, and where exploitative conditions often prevail.
What is the informal sector?
200
Credit (loans) in small amounts to people who do not ordinarily have access to credit
What is Micro finance?
200
A strategy that encourages biodiversity and decentralization
What is Natural Resource Management?
300
How do banking and credit institutions contribute to growth and development?
-provide incentive to save (interest on savings)
-greater investment = increased output; growth
-increased productivity of labor (investments in human capital)
-poverty alleviation
300
Large loans that are safe (are secured with collateral). Poor and small-scale producers, farmers and traders need very small loans, and very often lack collateral to secure their loans.
How can micro-credit policies help extremely poor and highly unskilled individuals?
i.e basic literacy and mathematics skills, low/ no interest, business planning
300
This group showed high repayment rate and were targeted as way to improve child health
Who are women?
300
The intervention used to influence the sexual behavior of young women in Malawi
What is Conditional Cash Transfer?
400
Why do businesses and consumers in developing countries not have easy access to banking services?
Number of banks and branches in relation to population is much smaller
400
informal sources of credit consisting
What are moneylenders?
400
In Karim’s book, a form of socially shaming individuals that could not pay back loans by taking their home
What is homebashing?
400
How can Micro-credit schemes benefit the economy?
higher incomes, improvements in health, nutrition and primary school attendance. improved social and economic status of women.
400
type of asset protection for pastoralist and farmers
What is index insurance? ( Weather, livestock, Agriculture)
500
Why is public sector ownership of commercial banks less desirable?
-lower levels of efficiency
-less borrowing and saving
-highly bureaucratic procedures
-lower productivity
500
Microcredit make a profit from this additional accrued charge borrowers must pay in addition to the principal .
What is interest?
500
Is micro-credit any good?
It works in some context but certainly not all the time
500
What are two controversial issues with the MFIs and micro-credit schemes?
1. Some extremely poor and highly unskilled
people may be harmed by micro-credit.
2. Micro-credit schemes contribute to the
growth of the informal sector.
500
Phone ladies in Bangladesh were able obtain cell phones because of this poverty alleviation strategy.