Social and financial exclusion: the role of microfinance
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Abstract
Traditional banks have proved to have severe limits in mitigating financial exclusion. The microfinance revolution is intended to address this problem by devising new approaches which ease credit access for poor and uncollateralized borrowers. In this introductory essay we present a special issue of the Rivista Italiana degli Economisti on the role of microfinance in alleviating social and financial exclusion.
Keywords
- Microfinance
- Social Exclusion
- Financial Exclusion
