We evaluate the efficiency of microfinance institutions (MFIs) using a structural approach which also captures these …

for the outreach and sustainability goals of Microfinance Institutions. We then evaluate whether outreach efficiency …

Microfinance institutions are important, particularly in developing countries, because they expand the frontier of …

This paper applies the financing constraint approach to study whether microfinance institutions improved access to … credit for microenterprises in Bosnia and Herzegovina. According to this approach, microenterprises with improved assess to … credit rely less on internal funds for their investments. Thus, we compare investment sensitivity to internal funds of …

independence, and management compensation on outreach and sustainability of microfinance institutions in Central and Eastern Europe …