Afonso J. S., Morvant-Roux S., Guérin Isabelle, Forcella D. (2017). Doing good by doing well ? Microfinance, self-regulation and borrowers' over-indebtedness in the Dominican Republic. Journal of International Development, 29 (7), p. 919-935. ISSN 0954-1748.
Titre du document
Doing good by doing well ? Microfinance, self-regulation and borrowers' over-indebtedness in the Dominican Republic
Afonso J. S., Morvant-Roux S., Guérin Isabelle, Forcella D.
Source
Journal of International Development, 2017,
29 (7), p. 919-935 ISSN 0954-1748
The Dominican Republic's microfinance sector is considered to be a solid market where over-indebtedness prevention best practices are widely and successfully implemented. Relying on qualitative data collection tools and analysis, we identify these best practices' as self-regulation mechanisms, and we show how they fail to fully fulfil their goals in the Dominican market. While financial exclusion supports the idea of a sizable microcredit market, we argue that the focus on growth and high competition strongly jeopardizes the positive social outcomes of microcredit, and that only a paradigm shift within the sector will really change the present situation.
Plan de classement
Développement économique / Aménagement du territoire [095]
