This essay attempts to examine theoretically whether the group lending component in many microfinance programmes … returns, this could result in lower expected returns, potentially explaining the limited success of microfinance schemes in …-contractible. We find that in group contracts, in which interest payments by the borrower are dependent on project outcome, risk …

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: 1) Microfinance has become less risky and more closely correlated with the financial sector, 2 …

The present study deals with the normal distribution of risk and return of the capital market of Bangladesh. Normal … that if an investor wants to get higher return then he must consider higher risk, this denotes to the normal distribution … of risk and return. This study has used a set of parametric and non-parametric tools to examine the returns calculated …