This paper presents an in-depth analysis of developments in the microfinance sector before and after the Lehman … developing countries. The findings indicate that microfinance has been part of the same credit boom observed in the traditional … capital. This raises the question whether the crisis resilience the microfinance sector has shown in the past remains a …

For many years, microfinance has been the poster child of governments, policymakers, and international organizations … with the goal of lifting millions of people out of poverty. The notion that microfinance can pursue and achieve the … seemed to be consensus among microfinance practitioners, analysts, and other industry experts that this crisis will be …