Microfinance and environmental sustainability at selected sites in Tanzania and Kenya
Wild, R; Millinga, A; Robinson, J /
Abstract:
Although development practitioners increasingly acknowledge the positive impact of microfinance on poverty reduction, less is known about the environmental effects of microfinance schemes. Since 1999, a number of microfinance projects have been implemented in East Africa as a means to promote sustainable development and conservation. In 2007, the Worldwide Fund for Nature (WWF), LTS International and CARE International carried out an assessment of six ?environmental? microfinance projects in Tanzania and Kenya focusing on two of the four microfinance models implemented in the sites, the Village Savings and Loan Association (VSLA) model and the Financial Services Association (FSA) model. The findings of the assessment have recently been published.
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