We consider a model where poverty minimizing donors fund microfinance lenders that are heterogeneous in cost. Under …

development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering …

Although, interest rate charged by microfinance stimulate of lot of ethical debate. Very few studies in microfinance … financial sustainability and fighting against poverty is a complex task for microfinance lending. In this backdrop, this paper …-for profit Microfinance Institutions (MFIs). The study uses neo-classical framework for the analysis of interest rate …

We examine how participation in a microfinance program diffuses through social networks. We collected detailed … demographic and social network data in 43 villages in South India before microfinance was introduced in those villages and then … first informed about the program, "the injection points". Microfinance participation is higher when the injection points …

We investigate the puzzle of microfinance: that loans generate large measured returns for businesses, yet loan take …-up is low and the businesses often close. We analyze a randomized trial that bundled microfinance loans with a cheap health … business losses, rather than pay modest insurance premiums, implies the substantial financial gains from microfinance loans are …