This article reviews the evidence on the importance of finance for economic well-being. It
provides data on the use of basic financial services by households and firms across a …

Countries can, however, undertake many actions to facilitate access to financial services,
including through strengthening their institutional infrastructures, liberalizing and opening up …

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

This study investigates the relationship between financial sector development and progress
in reaching the Millennium Development Goals (MDGs). It assesses the contribution of …

Policy advocates argue for the transformation of non‐government Microfinance
Organisations (MFOs) into shareholder owned firms (SHFs). This paper investigates whether …

abstract Recently, microfinance has been coming under public and media attacks. The
microcredit crisis following from microfinance‐induced suicides in 2010 in the Indian state of …

Based on some cases of notable successes in Latin America, some microfinance
practitioners advocate a transformation of non-profit microfinance organizations into private …

This paper examines whether shareholder-owned MFIs financially and socially perform
better than NGOs in sub-Saharan Africa (SSA). We also investigate the role of institutional …

We compare the ownership-cost of shareholders firms (SHFs), non-profit organizations
(NPOs), and cooperatives (COOPs) involved in microfinance. A paradoxical situation …

The environmental performance of microfinance institutions (MFIs) has received
considerable attention in recent years. However, the question of whether MFIs' involvement …