Microenterprise occupation and poverty reduction in microfinance programs: Evidence from Sri Lanka
- J. Shaw (2004). World Development, 1247-1264
- Abstract: The microenterprise earnings of microfinance clients in southeastern Sri Lanka are linked to their initial incomes. Poorer clients face geographic, financial and sociocultural barriers to entry to the most promising microenterprise occupations, leading them to select low-value activities with poor growth prospects. In semi-urban areas, poverty impacts could be strengthened by supplementing loans with nonfinancial interventions encouraging poor clients to select higher-value occupations. In arid rural areas, where microenterprises face severe market and infrastructure constraints, microenterprise development is unlikely to facilitate poverty exit. 2004 Elsevier Ltd. All rights reserved.
- Theme: Growth and performance, Rural, Social aspects/Disadvantage/Poverty
- Keywords: Asia, Microenterprise development, Microfinance, Poverty, Rural livelihoods, Sri Lanka, microenterprise, poverty alleviation, rural economy, Eurasia, South Asia, Antipoverty Programs, Finance, Loans, Rural Areas, Small Businesses, 9354.150, Relationship, Small firms
- Reference type: Journal Article
- Geographic location: Sri Lanka,