Hina Almas
New Topic:
TRADE-OFF BETWEEN TARGETING THE POOR AND FINANCIAL SUSTAINABILITY: A CASE OF NGOs, BANKS AND ISLAMIC MFIs IN PAKISTAN
By
Hina Almas
65-FE/MS(EF-2)F10
Proposed Supervisor
Dr. Ahmed Nawaz
The link between monetary policy and microfinance is very weak. It works through many diverse channels. It would be more suitable to look at impact of rate of interest on commercial loans, or at the bigger microfinance institutions -- this is a more directly relevant variable. Even better, one would look at determinants of microfinance -- if we did that, we would find that it is driven more by policy than by structural constraints like interest rates.
It is not suitable to study the impact of monetary policy on MF.
Old Topic: Monetary policy and provision of microfinance:
INTRODUCTION:
A Microfinance institution is an organization for the supply of loans, savings and other financial
services to the poor. MFI can operate as a nonprofit such as a non government organization
(NGO), credit cooperative , non bank financial institution (NBFI), or even a formal, regulated for
profit bank. MFI serve millions of clients through their numerous branches. In addition to loans
and savings, many MFIs provide education on business and financial issues and social services
focused on health and children.