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A Study of Two Microfinance Models and Their Suitability for Egypt

A Study of Two Microfinance Models and Their Suitability for Egypt
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Author(s): Ahmed Youssry (Coleman University, USA), Brett Winklehake (San Diego Mesa College, USA)and Jaime A. Lobera (Coleman University, USA)
Copyright: 2019
Pages: 25
Source title: Socio-Economic Development: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-5225-7311-1.ch010

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Abstract

Developing countries around the world strive to implement one of the several current models of microfinance. This study focuses on two models: Grameen Bank, which is considered the change factor for the microfinance field, and Kiva.org, an organization that understood the importance of the Internet and crowdfunding to create a different model of microfinance. The purpose of the study is to analyze these two models and determine which would be more suitable for application in Egypt. This study provides a strengths, weaknesses, opportunities, and threats (SWOT analysis), a financial analysis, and a structural analysis, as well as historical background for both organizations along with a scan for the political, economic, social, and technological infrastructure in Egypt to determine the most suitable microfinance model.

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