This review puts a corporate finance lens on microfinance. Microfinance aims to democratize global financial markets … competing social and commercial firm goals. We frame the analysis with theory that explains why microfinance institutions …

microfinance investment vehicle to analyze how different motives affect the demand for distinct sustainable investments. Our … investor motivations vary across forms of sustainable investment strategies, in particular between broad sustainable … sustainable investments are mainly linked to return and risk expectations, the investment decision for the impact investment …

accounting-based returns overstate the added value of microfinance institutions in investment portfolios. Taken together, our …The financial attractiveness of investing in microfinance is also receiving attention from academics and practitioners …, in addition to the social impact it may have. As most microfinance institutions are not publicly listed, existing …

of global microfinance funding commitments in 2010.4 In terms of cross-border investment, it received among the lowest … brief examines public and private foreign investment in SSA microfinance retailers, and the key challenges that limit … debt funding is scarce. Sub-Saharan Africa (SSA) microfinance relies heavily on deposit funding, mostly composed of short …