Cash Management DSS based on System Dynamics for MFIs

Ritika Singh
Ritika Singh * §
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Chandan Bhar
Chandan Bhar
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§ Indian School of Mines

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Cash Management DSS based on System Dynamics for MFIs

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Abstract

All the institutions which share a commitment to serving clients with low-incomes that have been excluded from the formal banking sector are part of the microfinance industry. The Consultative Group to Assist the Poorest (the apex association of international donors who support microfinance) regards microfinance as “a powerful tool to fight poverty” that can help poor people to “raise income, build their assets, and cushion themselves against external shocks”. Microfinance institutions (MFIs) have reached well over 100 million clients and achieved impressive repayment rates on loans. Because of the increase in the scale of operations, the concept and practice of microfinance have changed dramatically over the last decade and the microfinance is increasingly adopting a financial systems approach, either by operating on commercial lines or by systematically reducing reliance on interest rate subsidies and/or aid agency financial support.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Ritika Singh, Chandan Bhar. 2014. "Cash Management DSS based on System Dynamics for MFIs". Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 14 (GJMBR Volume 14 Issue A2).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
cash managementDecision Support SystemMicrofinancesystem dynamics
Classification
GJMBR-A Classification JEL Code: G32
  • Submission ReceivedDecember 7, 2013
  • Peer Review Double Blind
    Handling Editor
  • Accepted January 3, 2014
  • Published January 15, 2014
Version of record

v1.2

Issue date
April 19, 2014

Language
English
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Cash Management DSS based on System Dynamics for MFIs

Ritika Singh
Ritika Singh Indian School of Mines
Chandan Bhar
Chandan Bhar
  • Submission ReceivedDecember 7, 2013
  • Peer Review Double Blind
    Handling Editor
  • Accepted January 3, 2014
  • Published January 15, 2014