We construct a theoretical framework that describes the social worth of a microfinance organization in terms of the depth, worth to users, cost to users, breadth, length, and scope of its output. We then analyze evidence of depth of outreach for five microfinance organizations in Bolivia. Most...

This paper explores the rural lending technology used by PRODEM to reach rural microfinance clients in Bolivia. It makes a quantitative comparison of its rural and urban portfolios and makes a qualitative description of its rural lending technology