Description
The use of microfinance as a strategy for improving the socio-economic wellbeing of beneficiaries in developing countries has been extensively reported. However, how microfinance institutions have used financial innovation to promote sustainable entrepreneurship, particularly in developing and emerging economies, is not well understood. Financial innovation allows time and resources for creating and adopting new business models to develop products/services and finding a niche market as well as enhance a learning organization, entrepreneurial resilience, and sustainable entrepreneurship. Microfinance, Financial Innovation, and Sustainable Entrepreneurship in Economics analyzes the influence of microfinance and financial innovation on sustainable entrepreneurship through a different thematic lens. It investigates how microfinance institutions through financial innovation help the poor to start and sustain their businesses, foster sustainable entrepreneurship, empower women, promote sustainable entrepreneurship, and reduce poverty. Covering topics such as income distribution, financial inclusion, and digital payment trends, this book is an excellent resource for finance professionals, economists, entrepreneurs, researchers, professionals, scholars, academicians, and more.
