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 …

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 …

This paper is devoted to the analysis of liquidity risk in microfinance. Using a re-sampling method, we estimate … between 2002 and 2008 by 12 village banks belonging to a major Malian rural microfinance network (PASECA-Kayes). Results show …) could represent for the microfinance industry as a source of stable medium- and long-term funds. Latest update: http …

independence, and management compensation on outreach and sustainability of microfinance institutions in Central and Eastern Europe … outreach, whereas regulation and rating do not affect performance. Board diversity improves both outreach and sustainability …

though they relax financing constraints. We relate this insight to the limited success of group-based microfinance in … loans ; social ties ; altruism ; peer-to-peer lending ; small business ; entrepreneurial finance ; microfinance ; missing …

, total liabilities, nonperforming loans to total loans (NPL) and inflation rate. Besides, ownership structure also affects …

microfinance struggle to become financially self-sufficient and to achieve their social objectives of servicing with quality the … poorest clientele possible. The issue of corporate governance has therefore been of increasing interest for microfinance as it … constitutes governance in relation to microfinance; (ii) identify the reasons why it is of such high importance for the industry …

, microfinance institutions (MFIs) offering savings products are still under-studied. Using random-effect probit estimation on a …

characteristics, ownership type, competition and regulation on the MFI's outreach to poor clients and its financial performance. The …We trace the relationship between firm performance and corporate governance in microfinance institutions (MFI …

Although the word finance is in the term microfinance, and the core elements of microfinance are those of the finance … discipline, microfinance has yet to break into the mainstream or entrepreneurial finance literature. The purpose of this article … is to introduce the finance academic community to the discipline of microfinance and microfinance institutions (MFIs). We …