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Sustainable Microfinance

Microfinance offers one way to combat poverty by providing access to credit and financial services to low-income borrowers. We argue that the interconnectedness of the socioeconomic and ecological system as well as the reliance on ecosystem services make it important to provide microcredit from a full sustainability perspective. We used the Framework for Strategic Sustainable Development, a scientific based systematic and strategic approach, to create a principle-based model of a microfinance institution operating in a socioeconomic and ecologically sustainable manner. This model was then compared with the circumstances in which these institutions currently operate. We then explored how taking a full sustainability perspective could meet current challenges and maximise opportunities. After a prioritisation process, we made recommendations on how these organisations could strategically move towards sustainability.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:bth-2540
Date January 2011
CreatorsAkinosi, Oluwafunmilayo, Nordlund, Daniel, Turbay, Alejandro
PublisherBlekinge Tekniska Högskola, Sektionen för ingenjörsvetenskap, Blekinge Tekniska Högskola, Sektionen för ingenjörsvetenskap, Blekinge Tekniska Högskola, Sektionen för ingenjörsvetenskap
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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