At present, many microfinance institutions (MFIs) not only lend but also collect savings to serve better the needs of the poor. Little is known, however, if MFIs' overall costs decrease or increase as a consequence, nor it is clear which MFIs may benefit the most from expansion into savings...

Microfinance Institutions (MFIs) provide financial services to the poor and resemble banks and non-profits. Many target women because more women than men are poor, especially in rural areas. Studies show that women manage money differently from men and have different leadership styles. In credit...