This paper describes important trade-offs that microfinance practitioners, donors, and regulators navigate. Drawing evidence from large, global surveys of microfinance institutions, the authors find a basic tension between meeting social goals and maximizing financial performance. For example, non-profit microfinance institutions make far smaller loans on average and serve more women as a fraction of customers than do commercialized microfinance banks...
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INFORMATION
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2009/10/01
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Document de travail de recherche sur les politiques
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WPS5086
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1
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1
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2010/07/01
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Disclosed
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Microfinance tradeoffs : regulation, competition, and financing
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microfinance institution
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