This paper takes full advantage of daily quoted prices of microfinance stocks from their issuance, and draws a global … picture of worldwide microfinance equity from the viewpoint of a profit-oriented investor. We construct microfinance country … equity indices and an international global microfinance index. We analyse the changes in these indices, which we assess in …

The development of microfinance programs in Europe has increased due to the establishment of a large number of small … conditions of microfinance development. In addition, technological factors consisting of advances in information and … communication technologies have contributed to the expansion of microfinance institution (MFI) activities among European citizens …

This article highlights the main findings of an evaluation report on the impact of a microfinance program based in … Antananarivo. It first provides background information on microfinance programs in Madagascar and on the market-demand for micro …-loans. It then describes the main characteristics of the participants to the microfinance program under concern. It finally …

This study aims at assessing the impact of a microfinance institution serving micro-entrepreneurs in Antananarivo … (Madagascar). It starts by reviewing the recent literature on the socioeconomic impact of microfinance, then moves on to describe …

This paper is the first to draw a global picture of worldwide microfinance equity by taking full advantage of daily … quoted prices. We revisit previous findings showing that investors should consider microfinance as a self-standing sector …. Our results are threefold. First, microfinance has become less risky and more closely correlated with the financial sector …