This paper discusses the so-called commercial approach to microfinance under economic and ethical aspects. It first … shows how microfinance has developed from a purely welfare-oriented activity to a commercially relevant line of banking … microfinance in the course of the last decade. As the author argues, this commercial approach is the only sound approach to adopt …

matching, using data from the Self Help Group microfinance program in India. …The provision of business training with microfinance leads to a positive impact on assets for the participating …

the first studies of the impact of 'microfinance plus', or the disbursement of services beyond credit. Indian SHGs are … mainly NGO-formed microfinance groups but funded by commercial banks. We correct for membership selection bias with data on …

SHGs are unique in that they are mainly NGO-formed microfinance groups but later funded by commercial banks. We correct for …

groups (SHGs). Indian SHGs are unique in that they are mainly NGOformed microfinance groups but later funded by commercial …

present estimates of this parameter derived from a randomized trial. The experiment was implemented by a consumer microfinance …

This book focuses on the achievements, current trends and further potential of microfinance to scale-up and serve many …, and to safeguard the synthesis between the financial and social dimension of sustainable microfinance. The book also sheds … debate on core values of microfinance, triggered by recent criticisms of an approach that was hailed as a panacea in the …

Microfinance is an emerging important financial subsector in Asian transition countries. Its role is to improve … alleviation. This paper provides an overview of rural finance and microfinance development in transition countries in Southeast … banks, microfinance banks, microfinance NGOs, financial cooperatives and other indigenous financial systems - have to reach …

self-employed poor rarely have any formal training in business skills. However, a growing number of microfinance … also improved repayment and client retention rates for the microfinance institutions. Larger effects found for those that …