Over the years, microfinance has been purported to have experienced enormous progress and is seen to contribute towards poverty reduction by extending finance to people previously excluded from formal financial markets. However, the question on how microfinance social performance is assessed...

Previous studies indicate that microfinance institutions (MFIs) in Latin America and the Caribbean (LAC) have different operational strategies to MFIs in South Asia (SA). Given the recent emphasis placed on the feasibility of MFIs to achieve the dual goals of outreach and sustainability...

Group Dynamics have been largely neglected when the impacts of microfinance on poverty reduction are assessed. This paper presents an analytical framework in which the study of group dynamics is central and new channels of impact effects on the individuals participating in microfinance schemes,...