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This study examines the exposure of microfinance institutions to liquidity, interest rate and foreign exchange (FX … the largest microfinance institutions worldwide. The data suggests that microfinance institutions in the sample, on …
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Microfinance promises to trim down poverty. To achieve this noble objective microfinance institutions (MFIs) have to …-significant negative effect on financial sustainability of MFIs. Third, we find that the client outreach of microfinance programs and the …
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This study examines the exposure of microfinance institutions to liquidity-, interest rate and foreign exchange (FX …) risk. Using manually collected data from microfinance institutions' financial reporting, I find that the microfinance …
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