of outreach and scale. In an application to microfinance institutions, the use of this type of poverty outreach measure …

development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering …

We analyze microfinance institutions (MFIs) as businesses, asking how some succeed in covering costs, earning returns … microfinance business challenges include building volume, keeping loan repayment rates high, retaining customers, and minimizing … scope for fraud. Since the 1970s, microfinance innovators have developed clever solutions to these problems. Some have built …

Expanding credit access is a key ingredient of development strategies worldwide. Microfinance practitioners … expansion. There is less consensus on the role of consumer credit in expansion initiatives. Some microfinance institutions are …

lending mechanisms that include saving opportunities. We document the group lending mechanism used by a typical microfinance …