Financing Constraints and Microfinance in Eastern Europeand Central Asia

by Thomas Mcadams

Institution: Auburn University
Year: 2009
Keywords: Economics
Record ID: 1845345
Full text PDF: http://hdl.handle.net/10415/1589


Microfinance institutions are a growing tool used to alleviate poverty throughout the world. This thesis estimates how much the impact, if any, that microfinance institutions in 19 countries have throughout Eastern Europe and Central Asia. The study focuses on regions and cities inside the countries, opposed to measure a country-wide impact. The study shows a difference in investment behavior between firms that have access to an MFI and firms that do not have access.