Special Issue on Microfinance and Local Development
  • Lead Guest Editor
    • Serge Messomo Elle
      Department of Banking and Finance, Social and Management Sciences, University of Buea, Buea, Cameroon
  • Guest Editors
    • Yao Kounetsron Messah
      University Institute of Technology, University of Togo, Lome, Togo
    • Sophia Anong
      College of Consumer and Family Sciences, University of Georgia, Athens, Georgia, USA
    • Cletus Dobdinga Fonchamnyo
      Department of Economics, Faculty of Social and Management Sciences, University of Bamenda, Bamenda, Cameroon
    • Sabine Moungou Mbenda
      Faculty of Economics and Management Sciences, University of Yaounde II, Yaounde, Cameroon
    • Emmanuel Nwahanye
      Department of Management Sciences, Faculty of Social and Management Sciences, University of Buea, Buea, Cameroon
    • Yeni Kuntari
      Accounting Department, Universitas Diponegoro, Semarang, Jawa Tengah, Indonesia
    • Christiana Abonge
      Department of Women and Gender Studies, Faculty of Social and Management Sciences, University of Buea, Buea, Cameroon
  • Special Issue Information

    The modern microfinance started with microloans granted to poor entrepreneurial women in Chittagong. It was later institutionalized by the creation of the Grameen Bank in 1976. Following the success of this local bank, many microfinance actions and studies were carried out to replicate or develop the activities of microfinances at the micro and macro levels. These activities include: lending to the poor, households, and micro entrepreneurs, and setting up of national microfinance strategies and financial inclusion programs by governments etc. On the contrary, at the meso level, few initiatives were undertaken to show the contributions of microfinance at the local level that is at the scale of regions, villages, communities and sectors of activities. The changes introduced by microfinance in local environments are termed local development (Sekula et al., 2002). They are economic, social, cultural, political, legal, territorial and institutional. Thus this special issue entitled: Microfinance and Local Development will work towards establishing the link between the activities of microfinances on the one hand and local level activities on the other hand. This should not only situate microfinance operations at the center of local development but determine new microfinance practices and models for local development.
    Aims and Scope:
    1. Microfinance and Local Populations’ Development
    2. Financial Institutions and Local Development
    3. Corporate Governance in Microfinance and Public Institutions and Local Development
    4. Microfinance Innovations and Local Development
    5. Non Finance Disciplines and Local Development

  • Published Papers