The empirical literature over the past decade has often addressed the issue of operational efficiency within … microfinance institutions. This paper extends Arnone, Bellavite Pellegrini and Messa (2010), which recognized the importance of … strictly financial aspects of MFIs, nearing them to the world of traditional banks. We provide an empirical analysis of the …

inputs and outputs. The principles of respective religions are provided to show the differences. The efficiency of each …