O papel das microfinanças como instrumento para redução da pobreza em Moçambique : Caso de estudo: o programa de microfinanças da Africa works

Abstract

Microfinance activity can be conceptualized as offering financial services to low-income populations that normally do not have access to these services in the traditional financial system. The broad concept of financial services includes loan, savings, insurance, etc. The present work intends to show the impact of microfinance, whose focus is the financing of low-income microentrepreneurs, for application in their professional activity and in the improvement of their well-being. To this end, two classes of objectives were outlined: general and specific. The general objective of this work is based on the analysis of the role of microfinance as an instrument for poverty reduction in Mozambique. With this in mind, the work will analyze the functioning of Africa Works, a microfinance institution (IMF) that has been operating in the country for over 10 years. The work concluded that the offer of financial services to low-income micro-entrepreneurs has a positive effect on the economy and social conditions of the population covered, although not yet effective for all Mozambicans immersed in poverty. It is recommended that financial services be expanded to rural areas through government intervention, greater integration of MFIs into the formal financial system, introduction of new financial products by MFIs, because, in addition to strengthening the bond with clients, ensure greater financial autonomy of MFIs in favor of the most disadvantaged.