This paper shines light on subsidy-dependent microfinance institutions (MFIs). Firstly, our model shows that subsidy …

This paper starts from the observation that 23% of the world’s microfinance institutions (MFIs) manage without …

This paper sheds light on a poorly understood phenomenon in microfinance which is often referred to as a “mission drift …”: A tendency reviewed by numerous microfinance institutions to extend larger average loan sizes in the process of scaling …–oriented microfinance institutions could potentially deviate from their mission by extending larger loan sizes neither because of …

Microfinance Institutions (MFIs) provide loans to low income individuals. The credit scoring systems of MFIs, if they … credit officers’ experience and addresses incomplete and intangible information. The model has been tested in a microfinance …

. Microfinance Institutions (MFIs) usually justify the high interest rates on grounds of the high risk involved in microcredit, the …

This study uses a unique, hand-collected sample of microfinance institutions from 73 developing countries to analyze …

Microfinance institutions (MFIs) are alternative financial providers offering financial services to people typically … developing microfinance sector in Europe; however, very little literature exists on this MFI segment. In this paper, we analyze …

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 …