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.
Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:bth-2540 |
Date | January 2011 |
Creators | Akinosi, Oluwafunmilayo, Nordlund, Daniel, Turbay, Alejandro |
Publisher | Blekinge Tekniska Högskola, Sektionen för ingenjörsvetenskap, Blekinge Tekniska Högskola, Sektionen för ingenjörsvetenskap, Blekinge Tekniska Högskola, Sektionen för ingenjörsvetenskap |
Source Sets | DiVA Archive at Upsalla University |
Language | English |
Detected Language | English |
Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
Format | application/pdf |
Rights | info:eu-repo/semantics/openAccess |
Page generated in 0.1404 seconds