Microfinance in mena region: a partial success

Resumen

Microfinance is considered as effective and powerful tool in poverty eradication especially in developing countries. It helps the entrepreneurial poor, especially women, by facilitating the access to financial resources and provides a better life condition by increasing the household revenues and job creation for them. Existing literature about microfinance sector in Eastern and Southern Asia, as well as Latin America is somewhat rich, while this sector in Middle East and North Africa (MENA) is merely studied and demands more investigations. The objective of this paper has been trying to review the literatures and current findings about this sector in the MENA region.