Sharma, Arpita; Chauhan, Swati; Md Aslam Mia; Sangwan, Sunil - In: Borsa Istanbul Review 24 (2024) 3, pp. 530-548
To support the continued expansion of their operations, microfinance institutions (MFIs) worldwide rely heavily on debt … utilized by MFIs. Data from unique 1670 MFIs in 93 countries, spanning the period of 2010-2018, were collected from the World …, which exposes them to bankruptcy risk. This underscores the need for prudent selection of debt instruments by MFIs …