The microfinance movement aims to deliver financial services to the poor and the ‘unbanked' in the developing world …. Microfinance providers are NGO-based partnerships between grassroots and aid agencies. ICTs are seen as a driver for economic … growth and organisational change in developing countries; microfinance institutions are using open source software (OSS) to …

Microfinance is typically associated with joint liability of group members. However, a large part of microfinance … contracts. Moreover, we show that microfinance institutions offer group loans when the loan size is rather large, refinancing … costs are high, and competition between microfinance institutions is low. Otherwise, individual loans are offered …

competition between a bank and a microfinance institution (MFI), geographical distance and transportation costs alone are no …