Economics, Econometrics and Finance
4 years ago

Culture and social capital impact microfinance sustainability for poverty alleviation.

International Research Journal of Business Studies
The Relationship between Culture and Social Capital with the Sustainability of Microfinance
Nur Firdaus

Paper Summary

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Microfinance is seen as a way to help poor people, but its success can be influenced by culture and social connections. Different studies have shown that culture and social capital can affect how well microfinance works, but the impact depends on the specific culture and social connections in a community. More support is needed to make microfinance more effective in reducing poverty.