Relationship between the Rise of Financial Micro Credits and Relief of Poverty in Latin America

11 Pages Posted: 24 Apr 2015

See all articles by Mario Perossa

Mario Perossa

Universidad Maimonides; University of Buenos Aires (UBA)

Alejandra Elena Marinaro

Universidad Maimonides

Date Written: April 22, 2015

Abstract

The purpose of this paper is to analyze the relationship between growth of micro credits for production as a tool of social inclusion of vulnerable people and the relationship with the decreased rates of poverty and indigence in Latin America countries for the period 2008-2011. The work hypothesis to be contrasted is that the increase in micro credits is manifested by tangible improvements for the society, through proper “leverage” for small scale workers, whose incomes are intended almost entirely for consumption and investment; therefore, the multiplication factor of this small economy is very important.

Keywords: Microfinance; Inclusion; Micro credit; Poverty

JEL Classification: D13, G21, G23, O17

Suggested Citation

Perossa, Mario and Marinaro, Alejandra Elena, Relationship between the Rise of Financial Micro Credits and Relief of Poverty in Latin America (April 22, 2015). Available at SSRN: https://ssrn.com/abstract=2597859 or http://dx.doi.org/10.2139/ssrn.2597859

Mario Perossa (Contact Author)

Universidad Maimonides ( email )

Hidalgo 775
Buenos Aires
Argentina

University of Buenos Aires (UBA) ( email )

Av. Cordoba 2122
Buenos Aires, Buenos Aires 1120
Argentina

Alejandra Elena Marinaro

Universidad Maimonides ( email )

Hidalgo 775
Buenos Aires
Argentina

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