Microfinance is the provision of financial services to the financially excluded, usually the poor. We use literature reviews and descriptive research to present different aspects of the relationship of the microfinancial services to microenterprise. The first thrust in this field had been from...

Management theory has examined static concepts at the level of the social entrepreneur and of the social enterprise. In this contribution, we examine the work of the social entrepreneur at the unit level and the social enterprise at the organizational level. Based on the exemplar of...

We study mission drift in social enterprises by examining whether these organizations stick to the actual mission enshrined in their mission statements. We use data from micro!nance organizations (MFOs), a homogeneous group of social enterprises which have been scrutinized—and sometimes...

Social enterprises in the microfinance industry need to adhere to both financial and social demands. Critics argue that there is a mission drift away from the social mission, and this has motivated the introduction of social rating agencies to strengthen the business ethics of microfinance...