Culture matters in the design of microfinance programs. Microfinance is presented as an anitpoverty strategy that can be replicated worIdwide by providing very small loans to the poorest of the poor for self-employment. The dimensions of culture of Geert Hofstede are used as an example of the differences among cultures that must be examined before designing microfinance program replications.
Entrepreneurial and Small Business Operations | Finance and Financial Management | Organizational Behavior and Theory
Hoffman, Ruth A,, "Microfinance programs : a cross-cultural analysis of the Republican potential of the Grameen Bank Peer Lending Model and the FINCA Village Banking Model in the Ukraine" (1998). Capstone Collection. 954.