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 …

In the last 20 years, microfinance has moved from a promise to reality, although with ups and
downs. This paper reviews 1874 papers published from 1997 to 2017 to perform a …

In the past decade, microfinance programs have demonstrated that it is possible to lend to
low-income households while maintaining high repayment rates—even without requiring …

Leading advocates for microfinance have put forward an enticing “win-win” proposition:
microfinance institutions that follow the principles of good banking will also be those that …

Claims have been made that microfinance institutions (MFIs) experience mission drift as
they increasingly cater to customers who are better off than their original customers. We …

Winner of the 2011 Paul Davidoff award! This is a book about poverty but it does not study
the poor and the powerless; instead it studies those who manage poverty. It sheds light on …

We examine the relationship between firm performance and corporate governance in
microfinance institutions (MFI) using a self-constructed global dataset on MFIs collected from …

We construct a theoretical framework that describes the social worth of a microfinance
organization in terms of the depth, worth to users, cost to users, breadth, length, and scope …

Wide agreement about the goal of microfinance—to improve the welfare of the poor—has
not led to wide agreement about how best to achieve that goal. To aid discussion, I propose …

In the microfinance industry an increasing number of providers are undergoing an
institutional transformation from NGO to a shareholder-owned and typically regulated …