Honors Program Theses

Award/Availability

Open Access Honors Program Thesis

First Advisor

Ken McCormick

Keywords

Microfinance--Law and legislation; Economic assistance--Law and legislation;

Abstract

Over the last 50 years, the United States has been pouring money into foreign aid, yet this aid has failed to bring the poor out of poverty. Micro finance institutions claim to they are able to increase the wealth of the poor. This paper will compare micro finance's ability to alleviate poverty against traditional uses of foreign aid. The results of this paper are while the profitability of micro finance is not clear, independent studies indicate that it has been successful in bringing the poor out of poverty. This paper concludes that micro finance should receive a larger portion of bilateral foreign aid.

Year of Submission

2007

University Honors Designation

A thesis submitted in partial fulfillment of the requirements for the designation University Honors

Comments

If you are the rightful copyright holder of this thesis and wish to have it removed from the Open Access Collection, please submit a request to scholarworks@uni.edu and include clear identification of the work, preferably with URL.

Date Original

2007

Object Description

1 PDF file (24 pages)

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