Chronicle of a failure foretold: the challenge of rural areas for micro-finance, through a case study in Ecuador[Research paper] by Caroline Charhon

2011-08-18

The author was part of the “Alternative Management” third year program in HEC in 2010. In order to write this research paper, Caroline Charhon stayed three months at the University of FLACSO, in Ecuador, in 2010. She studied there the reasons for the failure of a product of micro-finance, that was supposed to help rural producers.

In the last couple of years, micro-finance has been subject to growing critics regarding its efficiency and its ability to reach its goals of poverty alleviation. In this research essay, we intend to think about one of the main challenges for micro-finance today: the rural areas. Through the study of an innovative project of microcredit designed for rural areas in Ecuador that failed, we aim at understanding whether it is possible for micro-finance to address rural areas and, if so, analysing in depth mechanisms that determine success or not of a project of rural finance.

Quote article  Caroline Charhon, « Chronicle of a failure foretold: the challenge of rural areas for micro-finance, through a case study in Ecuador », 18 august 2011, Alternative Management Observatory (AMO), [Research paper]
http://appli6.hec.fr/amo/Articles/Entry/Item/213.sls

In the same section

The History of Development – From Western Origins to Global Faith - by Gilbert Rist

[Reading report]

[Reading report] : Camille Deniau

For decades, development has been used as a political tool, to justify economic and social policies. It made people believe in global well-being and in the elimination of poverty. Why then is development today at the centre of a passionate debate, if it has failed so greatly? It is definitely...

>>Read more

Adam Smith, l’économiste malgré lui

[Research paper]

[Research paper] : François-Xavier Faucounau

: This master thesis is focusing on the work of Adam Smith in order to discuss the basis of economics, its axioms or its paradigm. We consider economics as a specific view or a particular representation of society or social phenomenon. This science gives arguable meanings to human actions while...

>>Read more

Manufacturing consent, the political Economy of the mass media - by Noam Chomsky and Edward Herman

[Reading report]

[Reading report] : Yan Vincent Genod

In this work, Noam Chomsky and Edouard Herman reveal that the American mass media, in their current operational mode, mobilise the American public opinion in favour of the vested interests of the state and the private sector (often called the market). The forces inducing the media to take this role...

>>Read more

Money, a handbook, by Paul Jorion

[Reading report]

[Reading report] : Olivier Torrente

Using Aristotle' s interpretation of price formation and economics as a struggle between different social classes, Paul Jorion presents an ambitious story of money in the Western world. He announces the end of capitalism and proposes several paths in order to go beyond the era of money domination...

>>Read more

The White Man's Burden - by William Easterly

[Reading report]

[Reading report] : Guillaume Tellez

The attempts to develop the poor countries through international aid plans have failed since the end of World War II and the independences. Planning and increasing amounts of aid do not lead to development and can even have counter-productive effects. One must leave the development to local actors...

>>Read more

With the same doctype

Research paper

Reorientation in HEC careers HEC is the number one business school... by Pauline Séguy
Different ways of fighting excess food... There are different ways of fighting... by Marie Mourad
Impact of the diverse visions of social... The dynamic of social entrepreneurship... by Camille Portejoie
Corporate involvement for local... Many private initiatives for the... by Domitille de la Morinerie
How do consumers perceive cause-related... Companies increasingly rely on joint... by Juliette Bertrand
Stakeholder relations and development... The research paper seeks to answer the... by Csilla Nárai
Private Equity: Factor of economic... What is Private Equity (PE)? What are... by Gaëtan Irrmann
Conditions for the sustainability of... A cultural brownfield can be defined as... by Marianne Rauche
Measuring public hospitals' performance... French public hospitals have recently... by Hervé Merlin and Clémence Marty
The historical construction of the... In the Age of Antiquity, labour was a... by Anne-Laure Alloncle