THE EFFECT OF MICROFINANCE LENDING AND SMALL MEDIUM, ENTERPRISE GROWTH IN MOGADISHU

Abstract When Bangladeshi economist Muhammad Yuns first gave a few bucks to a struggling basket weaver in 1974, the microfinance revolution was born. The Nobel Peace Prize was awarded to him. The concept of microfinance has now spread to Latin America, Asia, Eastern Europe, and Africa, but the most well-known microfinance programs originate from Asia. Dr. Yuns started a microfinance program among women in Bangladesh in 1976 as a result of the widespread famine that occurred in that country in 1974 (Abdurrahman, 2007).

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-02-27
DOI
https://doi.org/10.5281/zenodo.14937507
Primary Topic
Microfinance and Financial Inclusion
Type
article
Field-Weighted Citation Impact
0.00
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article

THE EFFECT OF MICROFINANCE LENDING AND SMALL MEDIUM, ENTERPRISE GROWTH IN MOGADISHU

Zenodo (CERN European Organization for Nuclear Research)
Microfinance and Financial Inclusion
article

THE EFFECT OF MICROFINANCE LENDING AND SMALL MEDIUM, ENTERPRISE GROWTH IN MOGADISHU

article en

Abstract

Abstract When Bangladeshi economist Muhammad Yuns first gave a few bucks to a struggling basket weaver in 1974, the microfinance revolution was born. The Nobel Peace Prize was awarded to him. The concept of microfinance has now spread to Latin America, Asia, Eastern Europe, and Africa, but the most well-known microfinance programs originate from Asia. Dr. Yuns started a microfinance program among women in Bangladesh in 1976 as a result of the widespread famine that occurred in that country in 1974 (Abdurrahman, 2007).

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 44%
Microfinance and Financial Inclusion
DOIOpen Access PDFOpenAlex
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THE EFFECT OF MICROFINANCE LENDING AND SMALL MEDIUM, ENTERPRISE GROWTH IN MOGADISHU · Zenodo (CERN European Organization for Nuclear Research) (2025) | TGRS Research Map | TGRS