The microfinance sector has witnessed various controversies and criticisms recently as a consequence of its commercialization and the related involvement of int

Research on MFI performance is still in its infancy. MFIs are hybrid organizations with dual objectives. Performance studies in microfinance are therefore less

Handbook of Microfinance addresses the gap between clients who are benefiting from access to financial services via MFIs, and the potential market, which remain

Investments in microfinance by institutional investors are growing. The investors benefit from a dual return investment opportunity by balancing financial and s

Microfinance contracts have proven able to secure high rates of loan repayment in the face of limited liability and information asymmetries, but high repayment