Microfinance Institutions (MFIs) face unique challenges since it must achieve a double bottom line— outreach and sustainability. So is microfinance worthwhile or worthless? The proper performance measurement framework here is a better way to judge this than a simple measure of numbers. This paper seeks to present, to MFIs, a new rigorous performance measurement framework that incorporates the b...

Microfinance sector has witnessed a burgeoning outreach under microfinance institutions model which poses a question on the sustainability of the programme. Even if repayment rate for the major MFIs are greater than 95 %, it may neither be an appropriate indicator of institutional sustainability nor on impact. In this paper an examination on the outreach and sustainability of microfinance insti...

Present paper intends to measure the determinants of performance of Indian financial sector. The performance variables of banking sector and microfinance institutions in India are studied over a study period of six years i.e. 2006-07 to 2011-12. The financial sector of India is gaining strength over the years and its contribution to growth is overwhelming. Banks are considered the main componen...

We examine the heterogeneous effects of globalization on the interest rate setting by microfinance institutions (MFIs) around the world. We consider MFIs as a mechanism to overcome the institutional void of credit for small entrepreneurs in developing and emerging economies. Using a large global panel of MFIs from 119 countries, we find that social globalization that embraces egalitarian instit...

present paper intends to measure the determinants of performance of indian financial sector. the performance variables of banking sector and microfinance institutions in india are studied over a study period of six years i.e. 2006-07 to 2011-12. the financial sector of india is gaining strength over the years and its contribution to growth is overwhelming. banks are considered the main componen...

Muslim-majority countries do not use formal financial services (Honohon 2007).1 Even when financial services are available, some people view conventional products as incompatible with the financial principles set forth in Islamic law. In recent years, some microfinance institutions (MFIs) have stepped in to service low-income Muslim clients who demand products consistent with Islamic financial ...

specialist microfinance institutions (MFIs). The Central Bank of Sri Lanka (CBSL) has traditionally pursued an active "developmental" role in the microfinance sector, although this has been changing. It should further reduce its developmental activities by diluting its ownership of regional development banks and taking a less hands-on role in project implementation. Conversely, it would be appr...

Microfinance is considered a better solution for the fight against poverty. It allows integration of excluded into productive activity. The current challenge MFIs (microfinance institutions) to seek their durability and sustainability, in order be able achieve objective. Sustainability can defined as ability institutions maintain sustainability actions. assessed through three dimensions, namely...

REQUIRED) A decade ago, the microfinance industry prided itself on its trends toward financial and operational sustainability. Recently, investors, donors, lenders, regulators, and microfinance institutions have been more concerned with social and outreach performance. Transactions cost and distance theories inform a new ICT-enabled microfinance institution (MFI) outreach theory positing that i...

Much of the literature on microfinance performance has concentrated on the effects of institution-specific practices, but there have been comparatively few attempts to analyze how the broader economic environment affects the performance of microfinance institutions (MFIs). Drawing on the work of Ahlin and Lin (2006), who find that numerous macroeconomic indicators affect MFI performance, this p...