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The impact of microfinance on individuals’ empowerment: a systematic literature review

dc.contributor.authorFonseca, Salvador
dc.contributor.authorMota, Jorge
dc.contributor.authorMoreira, Antonio
dc.date.accessioned2026-01-22T16:13:04Z
dc.date.available2026-01-22T16:13:04Z
dc.date.issued2024en_US
dc.date.updated2026-01-16T19:05:29Z
dc.description.abstractThis study aims to conduct a systematic literature review (SLR) to identify the main factors of individuals’ empowerment from the perspective of microfinance. Methodology/approach: To achieve the proposed objective, an SLR was conducted using the SCOPUS database from 1950 to 2021. From a set of 690 papers, only 43 related to empowerment factors were considered and analyzed to segment the factors and their respective sub-factors according to their nature. Findings: This SLR documents that microfinance is a tool for the economic, psychological, political, and social empowerment of people with business ideas, but without access to the traditional financial system. Also found are financial and nonfinancial/social factors of empowerment that must operate systematically to produce the desired effects. Practical implications: The results of this research can help microfinance institutions (MFIs) and policy makers to determine the best strategy for individuals’ economic, psychological, political and social empowerment through the microfinance lens. Originality/value: It identifies a set of empowerment factors for needy individuals with entrepreneurial ideas who, through microfinance, can find a mechanism to exit poverty.eng
dc.description.versioninfo:eu-repo/semantics/publishedVersion
dc.identifier.citationA. P. M. Gama et al. (eds.), Microfinance: Interventions in Challenging Contexts, Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application, https://doi.org/10.1007/978-981-97-5388-8_9
dc.identifier.doi10.1007/978-981-97-5388-8_9en_US
dc.identifier.isbn9789819753871en_US
dc.identifier.isbn9789819753888en_US
dc.identifier.issn2509-7873en_US
dc.identifier.issn2509-7881en_US
dc.identifier.slugcv-prod-4458878
dc.identifier.urihttp://hdl.handle.net/10400.2/21027
dc.language.isoeng
dc.peerreviewedyes
dc.publisherSpringer Nature Singaporeen_US
dc.rights.uriN/A
dc.subjectEmpowerment
dc.subjectMicrocredit
dc.subjectMicrofinance
dc.subjectSystematic literature review
dc.subjectSurvey of literature
dc.titleThe impact of microfinance on individuals’ empowerment: a systematic literature revieweng
dc.typebook parten_US
dspace.entity.typePublication
oaire.citation.endPage219
oaire.citation.startPage195
oaire.citation.titleAccounting, Finance, Sustainability, Governance & Fraud: Theory and Applicationen_US
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameMoreira
person.givenNameAntonio
person.identifier.orcid0000-0002-6613-8796
rcaap.cv.cienciaid541F-5442-5666 | António Carrizo Moreira
rcaap.rightsrestrictedAccessen_US
relation.isAuthorOfPublication51ad303d-335c-4e2f-bae3-fffffef2e2f5
relation.isAuthorOfPublication.latestForDiscovery51ad303d-335c-4e2f-bae3-fffffef2e2f5

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