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- W412452406 abstract "This paper describes the analytical picture of microfinance in Nepal by explaining the development process, modalities of microfinance institutions (MFIs) and various microfinance regulations. Furthermore, this paper explores the current issues of microfinance emerging in Nepal, and claims that institutional governance is the effective method to overcome most of those obstacles. Institutional governance is probably a new concept for microfinance in Nepal. It simply means the exercise of managing the political, social and economic matters and human interaction. Institutional governance helps to interact between different institutions─public and private, and contributes to put values on formal and informal rules which can finally contribute in order to address the current issues that this research has identified. With a point of view of institutional governance, Nepalese microfinance sector needs clear vision and policy according to the heterogeneous modalities of microfinance institutions, and coordination between the Government of Nepal (GoN) and microfinance institutions to create the healthy environment of microfinance in order to contribute in poverty reduction in Nepal." @default.
- W412452406 created "2016-06-24" @default.
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- W412452406 date "2013-09-20" @default.
- W412452406 modified "2023-09-28" @default.
- W412452406 title "Current issues of microfinance in Nepal" @default.
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