inSouth-East Europe. This strategy consists in creating microfinance banks asgreenfield investments, that is, of building up … shows that this strategy has, in thecourse of the last five years, led to the emergence of a network of microfinance …'s largest and most successful network of microfinance banks. This network is agood example of a well-functioning "private public …

This paper presents an in-depth analysis of developments in the microfinance sector beforeand after the Lehman Brothers … countries. Thefindings indicate that microfinance has been part of the same credit boom observed in the traditionalbanking … raises the question whether the crisis resiliencethe microfinance sector has shown in the past remains a characterizing …

uncertainty and investment;ultimately this relationship is theoretically ambiguous. Using loan-level panel data from microfi…nance …

Microfinance continues to play an ever increasing role in approaches topoverty alleviation around the world. Yet … mystery. From its inception, microfinance generated agreat deal of interest from economic theorists. Influential papers from …

This paper analyzes the theoretical underpinnings of high-frequency repayment, a featurein nearly all microfi…nance …