Role and influence of MFIs in Kosovo's socio-economic landscape

Session

Management, Business and Economics

Description

Microfinance Institutions (MFIs) have become increasingly important for promoting economic growth, financial inclusion, and access, especially for marginalized households and Micro, Small, and Medium Enterprises (MSMEs). The Association of Microfinance Institutions of Kosovo (AMIK) is a key player in this sector, supporting and representing MFIs operating within Kosovo. To better understand the impact of MFIs on Kosovo's economy, a comprehensive study was conducted examining the sector's historical, current, and potential impact. The study used primary and secondary data to assess the role and influence of MFIs in Kosovo's socio-economic landscape, focusing on the clients of seven MFIs affiliated with AMIK. Desk research, quantitative surveys, and semi-structured interviews with key stakeholders were used to gain insights into the sector's performance and influence. The study's findings are essential for assessing the sector's contribution to economic growth, proposing strategies for reform, and guiding future research on the role and impact of MFIs in Kosovo and similar contexts.

Keywords:

JEL Classification: G21, E24, I39

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-95-6

Location

UBT Lipjan, Kosovo

Start Date

28-10-2023 8:00 AM

End Date

29-10-2023 6:00 PM

DOI

10.33107/ubt-ic.2023.184

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Oct 28th, 8:00 AM Oct 29th, 6:00 PM

Role and influence of MFIs in Kosovo's socio-economic landscape

UBT Lipjan, Kosovo

Microfinance Institutions (MFIs) have become increasingly important for promoting economic growth, financial inclusion, and access, especially for marginalized households and Micro, Small, and Medium Enterprises (MSMEs). The Association of Microfinance Institutions of Kosovo (AMIK) is a key player in this sector, supporting and representing MFIs operating within Kosovo. To better understand the impact of MFIs on Kosovo's economy, a comprehensive study was conducted examining the sector's historical, current, and potential impact. The study used primary and secondary data to assess the role and influence of MFIs in Kosovo's socio-economic landscape, focusing on the clients of seven MFIs affiliated with AMIK. Desk research, quantitative surveys, and semi-structured interviews with key stakeholders were used to gain insights into the sector's performance and influence. The study's findings are essential for assessing the sector's contribution to economic growth, proposing strategies for reform, and guiding future research on the role and impact of MFIs in Kosovo and similar contexts.