Most contributions in the fast‐growing literature on microfinance seem to agree that all the
stakeholders (borrowers, lenders, communities, government and regulators, interested third …

At a time when suicides by microfinance borrowers in Andhra Pradesh are extensively
discussed, this paper makes an initial tentative exploration into the impact of microfinance …

Abstract In April 2007, a Mexican microfinance company named Banco Compartamos
issued shares in a secondary offering IPO. Existing shares were sold at 12 times their book …

This paper addresses the fairness of microcredit interest rates. Since microfinance
institutions provide credit for the poor at relatively high prices, the fairness of their interest …

Following the recent global financial crisis there is a growing interest in alternative finance–
and microfinance in particular–as new instruments for providing financial services in a …

The paper explains why microfinance institutions require more rather than less funding
during periods of financial crisis. After briefly describing the rapid expansion of microfinance …

Microcredit interest costs remain higher than those of commercial banks in spite of
significant donor funds, largely owing to transaction costs relative to small loan sizes. With …

International capital flows are constrained by a lack of complementary human capital,
information asymmetries and transaction costs for small loan sizes. Extant research has …

In the world of microfinance, interest rate ethics is an important issue, thrown into the
limelight by the Initial Public Offering of Compartamos which resulted in millions of dollars of …

Microfinance rapidly developed and commercialized, exacerbating competition and the
attention paid to profits. In response, many governments have capped microcredit interest …