MIT INDIA READING GROUP - Recent changes [en]

User:Tanlili

Tanlili — Tue, 24 Nov 2009 15:32:21 GMT

New user account

New page

User:LiJinxin

LiJinxin — Tue, 24 Nov 2009 13:27:17 GMT

New user account

New page

User:LiuZhijiang

LiuZhijiang — Tue, 24 Nov 2009 12:42:00 GMT

New user account

New page

Main Page

Anna — Fri, 20 Nov 2009 20:26:24 GMT

Social Entrepreneurship in India:

← Older revision		Revision as of 20:26, 20 November 2009
Line 22:		Line 22:
	[[Current_events#Forty_Seventh_Meeting\|Meeting 47th]]: 10th October 2009, '''Case Study - SKS Microfinance'''		[[Current_events#Forty_Seventh_Meeting\|Meeting 47th]]: 10th October 2009, '''Case Study - SKS Microfinance'''

-	[[Current_events#Forty_Sixth_Meeting\|Meeting 46th]]: 24th September 2009, '''Microfinance'''	+	[[Current_events#Forty_Sixth_Meeting\|Meeting 46th]]: 24th September 2009, '''Microfinance 101'''

	[[Current_events#Forty_Fifth_Meeting\|Meeting 45th]]: 12th September 2009, '''Social Entrepreneurship in India - Introduction and Challenges'''		[[Current_events#Forty_Fifth_Meeting\|Meeting 45th]]: 12th September 2009, '''Social Entrepreneurship in India - Introduction and Challenges'''

User:TomSmitph0088

TomSmitph0088 — Fri, 20 Nov 2009 06:24:04 GMT

New user account

New page

File:Impact-microfinance.pdf

Anna — Fri, 20 Nov 2009 00:02:02 GMT

uploaded "[[File:Impact-microfinance.pdf]]"

New page

Main Page

Anna — Fri, 20 Nov 2009 00:01:23 GMT

Social Entrepreneurship:

Current events

Anna — Thu, 19 Nov 2009 23:56:00 GMT

Fiftieth Meeting:

← Older revision		Revision as of 23:56, 19 November 2009
Line 18:		Line 18:
	-Agenda for December meetings		-Agenda for December meetings
	-IAP plans		-IAP plans
		+
		+	*This dinner would also be a celebration of MIT India Reading Group’s 50th meeting!!
		+

Main Page

Anna — Thu, 19 Nov 2009 23:49:02 GMT

Social Entrepreneurship in India:

← Older revision		Revision as of 23:49, 19 November 2009
Line 14:		Line 14:
	[[Current_events#Fifty_First_Meeting\|Meeting 51st]]: 2nd December 2009,		[[Current_events#Fifty_First_Meeting\|Meeting 51st]]: 2nd December 2009,

-	[[Current_events#Fiftieth_Meeting\|Meeting 50th]]: 20th November 2009,	+	[[Current_events#Fiftieth_Meeting\|Meeting 50th]]: 20th November 2009, '''Group Dinner, What we did this semester, and next steps'''

	[[Current_events#Forty_Ninth_Meeting\|Meeting 49th]]: 7th November 2009, '''Impact of Microfinance on Poverty Alleviation'''		[[Current_events#Forty_Ninth_Meeting\|Meeting 49th]]: 7th November 2009, '''Impact of Microfinance on Poverty Alleviation'''

File:Impact of Microfinance.ppt

Anna — Thu, 19 Nov 2009 23:47:49 GMT

uploaded "[[File:Impact of Microfinance.ppt]]"

New page

Current events

Anna — Thu, 19 Nov 2009 23:47:27 GMT

Fiftieth Meeting:

← Older revision		Revision as of 23:47, 19 November 2009
(3 intermediate revisions not shown)
Line 1:		Line 1:
		+	== <font color="green">'''Fiftieth Meeting'''</font> ==
		+
		+	'''When and Where'''
		+
		+	Date: 20th Nov 2009
		+
		+	Time: 7pm
		+
		+	Venue:
		+
		+	'''Agenda''': Group Dinner -
		+
		+	*Summarize the learnings from this semester (Anna)
		+	*Come up with list of questions based on our discussions this semester (Group)
		+	I am trying to see if we can invite an expert in this field to one of our meetings next month. It would be great to have our questions answered by an expert! I am going to write to the authors of the reading for last week (the MIT poverty action lab paper). Any suggestions on who else we can invite would be much appreciated!
		+
		+	*Decide on next steps (Group)
		+	-Agenda for December meetings
		+	-IAP plans
		+
		+
		+	----
		+
	== <font color="green">'''Forty Ninth Meeting'''</font> ==		== <font color="green">'''Forty Ninth Meeting'''</font> ==

Line 7:		Line 30:
	Time: 4pm		Time: 4pm

-	Venue: 4-~~253~~	+	Venue: 1-132

	'''Discussion leader''' : Aruna		'''Discussion leader''' : Aruna

-	'''Agenda''':	+	'''Agenda''': Impact of Microfinance on Poverty Alleviation

	'''Reading''':		'''Reading''':
		+	Required: Does microlending actually fight poverty; Boston Globe; September 20, 2009 http://www.boston.com/bostonglobe/ideas/articles/2009/09/20/small_change_does_microlending_actually_fight_poverty/?page=full

-	~~'''Presentation'''~~:	+	Optional: The miracle of microfinance? Evidence from a randomized evaluation http://povertyactionlab.org/papers/102_Duflo_Spandana_Microlending.pdf

-	'''Participants''':	+	'''Presentation''': [[Media:Impact of Microfinance.ppt\|Impact of Microfinance]]
		+
		+	'''Participants''': Deepak, Kaustuv, Meetu, Aimie, Kendra, Siddharth, Runal, Aruna, Anna

	'''Notes''':		'''Notes''':
		+
		+	1. Some highlights of the experiment methodology
		+
		+	*MIT Poverty Action lab partnered with Spandana (a major player in for-profit microfinance) to conduct randomized field experiment where the ‘treatment’ and ‘control’ group differed in access of microfinance. “Treatment” group had access to microfinance from Spandana and control group did not.
		+
		+	*The households in the ‘treatment’ group had to meet these criteria: no pre-existing microfinance presence, “upper” poor, fewer construction workers (to ensure stability)
		+
		+	*An important point to keep in mind is that Spandana only lends money to women and don’t have conditions on the use of money i.e. borrowers can spend the money as they like (unlike SKS that requires the money to be only spent on business related expenses)
		+
		+
		+	2. Results
		+
		+	2.1 Impact on poverty
		+
		+	* those who already had business: increased borrowing; increased durable expenditure & profit
		+
		+	* those without business but high propensity of having one: cut back on spending (probably to save for durable assets?); decreased temptation goods spending.
		+	Note: The propensity to start a business was based on education levels, amount of land owned, whether women in the household worked for wage etc. There was discussion around if “propensity” to start business was judged by some level of economic status, but there was no proof in the paper.
		+
		+	* those without business and low propensity of having one: increased nondurable and temptation spending. The attendees discussed whether increase in temptation goods spending reflects a negative impact of microfinance on this class of people. Some suggested that with access to microfinance these people might transition to the category of “high propensity to start business”, and so this is just a transitionary phase and not necessarily a negative impact. Longer observation periods are required to prove this.
		+
		+	2.2 Other Impacts
		+
		+	*Women Empowerment
		+
		+	Despite the policy of lending only to women in the household, the study showed that decision-making role of women did not improve. It was mainly the male entrepreneurs who seemed to be profiting.
		+	These results could be due to the noisy survey results, the attendees felt it would be helpful to see the questions on the survey.
		+
		+	* No impact on children’s health or education. But, this could be because the households selected here were not particularly worse off; also the experiment was over too short a time to make conclusions statements.
		+
		+
		+	3. Why the results might be noisy
		+
		+	* Financial gains only measured by income/spending (not by savings or assets)
		+
		+	* Time frame of measurement is too short (less than 2 years), and gains from microcredit might be realized on longer time horizons.
		+
		+	* “Control” group could not borrow from Spandana, but had access to credit from other MFIs, thus the experiment might not be measuring the true benefits of access of microcredit. But, this might not be a concern as “treatment” group also had access to other MFIs.
		+
		+

	----		----
		+
	== <font color="green">'''Forty Eighth Meeting'''</font> ==		== <font color="green">'''Forty Eighth Meeting'''</font> ==

Main Page

Anna — Thu, 19 Nov 2009 20:23:17 GMT

Social Entrepreneurship in India:

← Older revision		Revision as of 20:23, 19 November 2009
Line 12:		Line 12:

	----		----
		+	[[Current_events#Fifty_First_Meeting\|Meeting 51st]]: 2nd December 2009,
		+
		+	[[Current_events#Fiftieth_Meeting\|Meeting 50th]]: 20th November 2009,
		+
		+	[[Current_events#Forty_Ninth_Meeting\|Meeting 49th]]: 7th November 2009, '''Impact of Microfinance on Poverty Alleviation'''
		+
	[[Current_events#Forty_Eighth_Meeting\|Meeting 48th]]: 24th October 2009, '''Case Study - Grameen Bank'''		[[Current_events#Forty_Eighth_Meeting\|Meeting 48th]]: 24th October 2009, '''Case Study - Grameen Bank'''

User:Tx199889

Tx199889 — Thu, 19 Nov 2009 14:25:24 GMT

New user account

New page

User:Titi44tata2131

Titi44tata2131 — Thu, 19 Nov 2009 08:31:14 GMT

New user account

New page

User:Fghgfhtt

Fghgfhtt — Wed, 18 Nov 2009 04:32:19 GMT

New user account

New page

← Older revision		Revision as of 20:26, 20 November 2009
Line 22:		Line 22:
	[[Current_events#Forty_Seventh_Meeting\|Meeting 47th]]: 10th October 2009, '''Case Study - SKS Microfinance'''		[[Current_events#Forty_Seventh_Meeting\|Meeting 47th]]: 10th October 2009, '''Case Study - SKS Microfinance'''

-	[[Current_events#Forty_Sixth_Meeting\|Meeting 46th]]: 24th September 2009, '''Microfinance'''	+	[[Current_events#Forty_Sixth_Meeting\|Meeting 46th]]: 24th September 2009, '''Microfinance 101'''

	[[Current_events#Forty_Fifth_Meeting\|Meeting 45th]]: 12th September 2009, '''Social Entrepreneurship in India - Introduction and Challenges'''		[[Current_events#Forty_Fifth_Meeting\|Meeting 45th]]: 12th September 2009, '''Social Entrepreneurship in India - Introduction and Challenges'''

← Older revision		Revision as of 23:49, 19 November 2009
Line 14:		Line 14:
	[[Current_events#Fifty_First_Meeting\|Meeting 51st]]: 2nd December 2009,		[[Current_events#Fifty_First_Meeting\|Meeting 51st]]: 2nd December 2009,

-	[[Current_events#Fiftieth_Meeting\|Meeting 50th]]: 20th November 2009,	+	[[Current_events#Fiftieth_Meeting\|Meeting 50th]]: 20th November 2009, '''Group Dinner, What we did this semester, and next steps'''

	[[Current_events#Forty_Ninth_Meeting\|Meeting 49th]]: 7th November 2009, '''Impact of Microfinance on Poverty Alleviation'''		[[Current_events#Forty_Ninth_Meeting\|Meeting 49th]]: 7th November 2009, '''Impact of Microfinance on Poverty Alleviation'''

← Older revision		Revision as of 00:01, 20 November 2009
Line 243:		Line 243:
	=== Social Entrepreneurship ===		=== Social Entrepreneurship ===

-	1. An Introduction to Social Entrepreneurship and Microfinance	+	*An Introduction to Social Entrepreneurship and Microfinance

	http://en.wikipedia.org/wiki/Social_entrepreneurship		http://en.wikipedia.org/wiki/Social_entrepreneurship
Line 251:		Line 251:
	<font color="red">(Just an introduction people can read who dont know SE/MF) </font>		<font color="red">(Just an introduction people can read who dont know SE/MF) </font>

-	2. MICROFINANCE IN INDIA : SECTORAL ISSUES AND CHALLENGES (By Thorat, 2005; 10 pages)	+	*MICROFINANCE IN INDIA : SECTORAL ISSUES AND CHALLENGES (By Thorat, 2005; 10 pages)

	[[Media:MICROFINANCE IN INDIA SECTORAL ISSUES AND CHALLENGES.pdf\|Download Paper Link]]		[[Media:MICROFINANCE IN INDIA SECTORAL ISSUES AND CHALLENGES.pdf\|Download Paper Link]]

-	3. THE CHANGING FACE OF MICROFINANCE IN INDIA (MA Thesis, Tufts, 2006, 95 pages)	+	*THE CHANGING FACE OF MICROFINANCE IN INDIA (MA Thesis, Tufts, 2006, 95 pages)

	http://fletcher.tufts.edu/research/2006/Smith.pdf		http://fletcher.tufts.edu/research/2006/Smith.pdf
Line 261:		Line 261:
	<font color="red"> (We can pick selected parts of it to read and discuss)</font>		<font color="red"> (We can pick selected parts of it to read and discuss)</font>

-	4. The Indian Microfinance Experience – Accomplishments and Challenges (Paper, GATECH, 22 pages, 2004)	+	*The Indian Microfinance Experience – Accomplishments and Challenges (Paper, GATECH, 22 pages, 2004)

	[[Media:The Indian Microfinance Experience – Accomplishments and Challenges.pdf\|Download Paper Link]]		[[Media:The Indian Microfinance Experience – Accomplishments and Challenges.pdf\|Download Paper Link]]

-	5. Does the Microfinance Reduce Poverty in India? Propensity Score Matching based on a National level Household Data (Economics Discussion Paper, University of Manchester; 26 pages; 2006)	+	*Does the Microfinance Reduce Poverty in India? Propensity Score Matching based on a National level Household Data (Economics Discussion Paper, University of Manchester; 26 pages; 2006)

	http://www.socialsciences.manchester.ac.uk/disciplines/economics/research/discussionpapers/pdf/EDP-0625.pdf		http://www.socialsciences.manchester.ac.uk/disciplines/economics/research/discussionpapers/pdf/EDP-0625.pdf

-	6. Impact of Microfinance: A Critical Survey (Economic and Political Weekly, 2007, 4 pages)	+	*Impact of Microfinance: A Critical Survey (Economic and Political Weekly, 2007, 4 pages)

	http://eledu.net/rrcusrn_data/Impact%20of%20Microfinance%20%20A%20Critical%20Survey.pdf		http://eledu.net/rrcusrn_data/Impact%20of%20Microfinance%20%20A%20Critical%20Survey.pdf

-	7. Microfinance and Economic Growth – Reflections on Indian Experience (book chapter by K.V. Kamath, MD&CEO ICICI Bank; 4 pages, 2008)	+	*Microfinance and Economic Growth – Reflections on Indian Experience (book chapter by K.V. Kamath, MD&CEO ICICI Bank; 4 pages, 2008)

	[[Media:Microfinance and Economic Growth.pdf\|Download Paper Link]]		[[Media:Microfinance and Economic Growth.pdf\|Download Paper Link]]

-	8. Access to Financial Assets and Economic Opportunities for the Poor: The Strengths and Constraints of Microfinance (conference paper; 11 pages, 2006)	+	*Access to Financial Assets and Economic Opportunities for the Poor: The Strengths and Constraints of Microfinance (conference paper; 11 pages, 2006)

	http://www.brookings.edu/global/assets06/17mahajan.pdf		http://www.brookings.edu/global/assets06/17mahajan.pdf

-	9. Micro Finance in India and Millennium Development Goals : Maximising Impact on Poverty (Discussion paper for Workshop on World Bank, Singapore, 2006; 17 pages)	+	*Micro Finance in India and Millennium Development Goals : Maximising Impact on Poverty (Discussion paper for Workshop on World Bank, Singapore, 2006; 17 pages)

	http://www2.warwick.ac.uk/fac/soc/csgr/events/workshops/2006ws/world_bank/papers/misra.pdf		http://www2.warwick.ac.uk/fac/soc/csgr/events/workshops/2006ws/world_bank/papers/misra.pdf

-	~~10.~~ The Microfinance Promise (by Jonathan Morduch1, Journal of Economic Literature, 1999)	+	*The Microfinance Promise (by Jonathan Morduch1, Journal of Economic Literature, 1999)

	http://www.nyu.edu/projects/morduch/documents/microfinance/Microfinance_Promise.pdf		http://www.nyu.edu/projects/morduch/documents/microfinance/Microfinance_Promise.pdf

	(A really good overview - though written in '99 - still a valid introduction)		(A really good overview - though written in '99 - still a valid introduction)
		+
		+	*The miracle of microfinance? Evidence from a randomized evaluation, MIT Poverty Action Lab 2009.
		+
		+	[[Media:impact-microfinance.pdf\|Download Paper Link]]

	RECENT PRESS		RECENT PRESS

-	~~11.~~ Small change: Does microlending actually fight poverty; Boston Globe; September 20, 2009	+	*Small change: Does microlending actually fight poverty; Boston Globe; September 20, 2009

	http://www.boston.com/bostonglobe/ideas/articles/2009/09/20/small_change_does_microlending_actually_fight_poverty/?page=full		http://www.boston.com/bostonglobe/ideas/articles/2009/09/20/small_change_does_microlending_actually_fight_poverty/?page=full
Line 300:		Line 304:
	''APPLICATIONS''		''APPLICATIONS''

-	~~10.~~ Improving access to water supply and sanitation in urban India: microfinance for water and sanitation infrastructure development (Water Science & Technology, 2008; 5 pages)	+	*Improving access to water supply and sanitation in urban India: microfinance for water and sanitation infrastructure development (Water Science & Technology, 2008; 5 pages)

	http://www.iwaponline.com/wst/05804/0887/058040887.pdf		http://www.iwaponline.com/wst/05804/0887/058040887.pdf

-	~~11.~~ Energy-microfinance intervention for below poverty line households in India (Energy Policy Journal, 2009; 19 pages)	+	*Energy-microfinance intervention for below poverty line households in India (Energy Policy Journal, 2009; 19 pages)

	[[Media:Energy-microfinance.pdf\|Download Paper Link]]		[[Media:Energy-microfinance.pdf\|Download Paper Link]]
		+

	----		----