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Global Financial Partnerships in microfinance: India, Peru and Tanzania

Iberoamerican Journal of Development Studies

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Title Global Financial Partnerships in microfinance: India, Peru and Tanzania
Relaciones financieras globales en microfinanzas: India, Perú y Tanzania
 
Creator Marr, Ana; University of Greenwich
Tubaro, Paula; University of Greenwich
 
Subject microfinance, wholesale lending, Peru, India, Tanzania
microfinanzas, financiación mayorista, Perú, India, Tanzania
 
Description The paper studies the ‘wholesale’ market through which microfinance institutions operating in three contexts (Peru, Tanzania and the state of Tamil Nadu in India) obtain loans from a variety of domestic and international funding bodies. The nature and characteristics of the relationships between them are captured through network analysis and visualization tools, with a dataset comprising inter-organisational lending relationships and organisations’ attributes over the years 2006-8. Focus is on the extent to which patterns in wholesale lending relationships relate to the legal status and characteristics of microfinance institutions; to the regulatory, business and social environment in which they operate; and to shifts in the balance between social and commercial interests of diverse types of lenders.
The analysis brings to light considerable cross-country variation in the structure and features of wholesale lending relationships, and relates it primarily to differences in governance and regulation. On this basis, it makes the case that building a more enabling regulatory environment for funding partnerships may improve the capacity of microfinance to achieve its dual goals of poverty alleviation and financial sustainability.


CITE AS:
Marr, A., Tubaro, P. (2012). Global Financial Partnerships in microfinance: India, Peru and Tanzania. Iberoamerican Journal of Development Studies, 1 (1): 28-57
El artículo estudia los mercados mayoristas en que se financian instituciones de microfinanzas de tres contextos (Perú, Tanzania y el estado de Tamil Nadu en India). La naturaleza y las características de las relaciones entre ellos son capturadas mediante análisis de redes y herramientas de visualización, empleando una base de datos que contiene relaciones de préstamo entre organizaciones y atributos organizacionales de los años 2006-8. Se pone el énfasis en el vínculo entre los modelos de relaciones de préstamo mayoristas, la naturaleza legal y las características de las instituciones de microfinanzas; el entorno regulatorio, de negocios y social en el que operan; y los cambios en el balance entre los intereses sociales y comerciales de los distintos tipos de proveedores de financiación.
El análisis pone de manifiesto una considerable variación entre países en cuanto a la estructura y los patrones de financiación mayorista, que se relaciona principalmente con diferencias en gobernanza y regulación. Sobre esta base, se argumenta que la construcción de un entorno regulatorio más facilitador mejoraría la capacidad de alcanzar el doble objetivo de alivio de la pobreza y sostenibilidad financiera por parte de las microfinanzas.



CITAR COMO:
Marr, A., Tubaro, P. (2012). Global Financial Partnerships in microfinance: India, Peru and Tanzania. Iberoamerican Journal of Development Studies, 1 (1): 28-57
 
Publisher Universidad de Zaragoza
 
Contributor Leverhulme Trust; Grant reference: F/00 345/D.
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Date 2012-03-02
 
Type —
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Format application/x-pdf
 
Identifier http://ried.unizar.es/index.php/revista/article/view/35
10.26754/ojs_ried/ijds.35
 
Source Revista iberoamericana de estudios de desarrollo = Iberoamerican journal of development studies; Vol 1, Issue 1 (2012): January - June 2012; 28-57
Revista iberoamericana de estudios de desarrollo = Iberoamerican journal of development studies; Vol 1, Issue 1 (2012): January - June 2012; 28-57
 
Language en
 
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Rights Este obra está bajo una licencia de Creative Commons Reconocimiento-NoComercial-SinObraDerivada 4.0 Internacional.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International.