Microfinance around the world – regional SWOT analysis
Zuzana Harmincova, Karel Janda
Abstract
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Zuzana Harmincova, Karel Janda
Abstract
Open-access reader
The paper focuses on comparison of the functioning of microfinance in various developing regions of the world, as well as on the analysis of the overall functioning, effectiveness, strengths and weaknesses, potential threats and opportunities in the microfinance markets. The conclusion offers several possibilities and insights on how microfinance could be more efficient in financial terms. The paper also presents a brief evaluation of the benefits of microfinance and based on its findings provides a prediction of further development of microfinance.
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The paper focuses on comparison of the functioning of microfinance in various developing regions of the world, as well as on the analysis of the overall functioning, effectiveness, strengths and weaknesses, potential threats and opportunities in the microfinance markets. The conclusion offers several possibilities and insights on how microfinance could be more efficient in financial terms. The paper also presents a brief evaluation of the benefits of microfinance and based on its findings provides a prediction of further development of microfinance.
Key concepts: Microfinance, SWOT analysis, Business, Strengths and weaknesses, Financial system, Economics, Economic growth, Marketing