Cull, Robert; Demirg????-Kunt, Asli; Morduch, Jonathan - 2012
commercialization, rigor of regulation, and the extent of competition. Meaningful interventions in microfinance will require making …This paper describes important trade-offs that microfinance practitioners, donors, and regulators navigate. Drawing … evidence from large, global surveys of microfinance institutions, the authors find a basic tension between meeting social goals …