Main Article Content
Abstract
This study examines how microcredit improved entrepreneurial activity in emerging economies as a mechanism of economic growth and to reduce poverty and financial inequalities, particularly in Algeria. This is using National Microcredit Agency as a case study and based on a microdata survey of 150 beneficiaries of this type of financing in the Wilaya of Mascara. The results show a strong correlation between microcredit and the number of SMEs created. Microcredit has deployed the number of SMEs by 37.9%. Still, on the other hand, the effect of microcredit in rural areas is not similar to that observed in urban areas.
Keywords
References
- Afrane, S. (2002). Impact assessment of microfinance interventions in Ghana and South Africa: A synthesis of major impacts and lessons. Journal of microfinance/ESR Review, 4(1), 4.
- Ahlstrom, D. &. (2014). Entrepreneurship in China: an overview. International Small Business Journal, 32(6), 610-618.
- Armendariz, B. &. (2007). The Economics of Microfinance. Massachusetts Institute of Technology.
- Banerjee, A. D. (2015). The miracle of microfinance? Evidence from a randomized evaluation. American Economic Journal: Applied Economics, 7(1), 22-53.
- Bolnick, B. R., & Nelson, E. R. (1990). Evaluating the economic impact of a special credit programme: KIK/KMKP in Indonesia. The Journal of Development Studies, 26(2), 299-312.
- Bruton, G. K. (2015). New financial alternatives in seeding entrepreneurship: Microfinance, crowdfunding, and peer‐to‐peer innovations. . Entrepreneurship Theory and Practice, 39(1), 9-26.
- Coleman, B. E. (2006). Microfinance in Northeast Thailand: Who benefits and how much? World Development, 34(9), 1612-1638.
- Copestake, J., Bhalotra, S., & Johnson, S. . (2001). Assessing the impact of microcredit: A Zambian case study. Journal of Development Studies, 37(4), 81-100.
- Cruz, M. F. (2015). Ending Extreme Poverty and Sharing Prosperity. Banque Mondiale.
- Development Research Group, F. a.-W. (2018, Oct 31). Global Financial Inclusion (Global Findex) Database 2017. World.
- Dupas, P. &. (2013). Savings constraints and microenterprise development: Evidence from a field experiment in Kenya. American Economic Journal: Applied Economics, 5(1), 163-92.
- Goetz, A. M., & Gupta, R. S. (1996). Who takes the credit? Gender, power, and control over loan use in rural credit programs in Bangladesh.). World Development, 24, 45-63.
- HADEFI, A. Z. (2016). Impact de la micro-finance sur le niveau de vie des Ménages (Cas d’étude wilaya de Mascara).Mascara, Algérir: Université de Mustapha Istambouli de Mascara.
- Hashemi, S. M., Schuler, S. R., & Riley, A. P. . (1996). Rural credit programs and women's empowerment in Bangladesh. . World development, 24(4), 635-653.
- Hoff, K. &. (2001). Modern economic theory and development. Frontiers of development economics. World bank.
- Hulme, D. (2000). Impact assessment methodologies for microfinance: theory, experience and better practice. World Development, 28(1), 79-98.
- Hyman, E. L., & Dearden, K. (1998). Comprehensive impact assessment systems for NGO microenterprise development programs. . World Development, 26(2), 261-276.
- Kevane, M., & Wydick, B. (2001). Microenterprise lending to female entrepreneurs: sacrificing economic growth for poverty alleviation? World Development, 29(7), 1225-1236.
- Khavul, S. (2010). Microfinance: creating opportunities for the poor? Academy of management perspectives, 24(3), 58-72.
- MAYOUX, L. (2013). Atteindre les femmes et les autonomiser: défis pour la microfinance. Microfinance et Genre: Des nouvelles contributions pour une vieille question, 35-39.
- Ministère de la solidarité nationale, d. l. (2002). Agence nationale de gestion de Micro-crédit. Consulté le 2018, sur Agence nationale de gestion de Micro-crédit: https://www.angem.dz/home.php
- Mosely, P., & Hulme, D. (1998). Micro-enterprise Finance. Three Conflict between Growth and Poverty Alleviation.
- Mosley, P. (2001). Microfinance and poverty in Bolivia. . Journal of Development Studies, 37(4), 101-132.
- OIT. (2017). Évaluation nationale du développement de l'entreprenariat féminin en Algérie, situation et recommendations. Algérie: Bureau international du travil.
- Park, A., & Ren, C. (2001). Microfinance with Chinese characteristics. . World Development, 29(1), 39-62.
- Phan, P. (2009). Entrepreneurship and Microfinance. A Review and Research Agenda.
- Pitt, M. M., & Khandker, S. R. (1998). The impact of group-based credit programs on poor households in Bangladesh: Does the gender of participants matter?. Journal of political economy, 106(5), 958-996.
- Roodman, D. ( 2012). Due diligence: An impertinent inquiry into microfinance. CGD Books.
- Roodman, D. (2013.). Armageddon or adolescence? Making sense of microfinance’s recent travails. In Microfinance. Springer, Berlin, Heidelberg., 3.0, pp. 13-40).
- Schuler, S. R., & Hashemi, S. M. . (1994). Credit programs, women's empowerment, and contraceptive use in rural Bangladesh. Studies in family planning, 65-76.
- SMAHI, A. (2010). Microfinance et pauvreté: quantification de la relation sur la population de Tlemcen (Doctoral dertation). Université de Tlemcen.
- Unies, N. (2006). Construire des secteurs financiers accessibles à tous. Unies, N.
- Woller, G., & Parsons, R. (2002). Assessing the community economic impact of microfinance institutions. . Journal of Developmental Entrepreneurship, 7(2), 133.
- Wydick, B. (1999). The effect of microenterprise lending on child schooling in Guatemala. Economic development and cultural change, 47(4), 853-869.
- Yunus, M. (1999). The Grameen Bank. Scientific American, 281(5), 114-119.
Article Details
Copyright (c) 2019 Abdelkrim Zoheir Hadefi, Mohamed Bensaid
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Management & Economics Research Journal is licensed under a (CC BY-NC 4.0).
The following guidelines apply to all users:
- 1-Individuals may view, download, print, or save Journal content for research and teaching purposes.
- 2-Any use and/or copies of this journal in whole or part must include the customary bibliographic citation, including author attribution, date, article title, the Journal name, and website address.
Authors who publish with this journal agree to the following terms:
a) Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a (CC BY-NC 4.0) that allows others to share and adapt the work with an acknowledgement of the work's authorship and initial publication in this journal.
b) Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
c) Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work. Where authors include such work in an institutional repository or on their website, we request that they include a statement acknowledging the Management & Economics Research journal, including the journal's name, the volume and issue, and a web link to the journal item.
Attached of research
Full Professor
