This study aims to conceptualise and document the historical evolution of microfinance in
Bangladesh using the life cycle theory (LCT). Based on the LCT nomenclature, the …

Microfinance institutions (MFIs) contribute greatly to sustainable development through
microlending. This paper establishes a bridge between political stakeholder theory, social …

The spotlight of this study is to examine whether environmental, social, and governance
performance affects the financial performance of microfinance institutions (MFIs). The topic …

Foreign currency debt provides additional access to capital and offers funds in favorable and
flexible terms to microfinance institutions (MFIs). Yet, we find that the use of foreign currency …

In order for microfinance institutions (MFIs) to significantly impact the society, they must
achieve both financial sustainability and outreach goals simultaneously. However, when …

Purpose The purpose of this paper is to measure and track the evolution of market
concentration and competition in the microfinance industry in Bangladesh by employing …

The objective of this study is to analyze the evolution and determinants of market power in
Peru's regulated microfinance sector during the period of January 2003 to June 2016. We …

Despite the success and rapid growth of the microfinance industry worldwide, there has
been very little sign of any abatement of the high interest rates. High interest rates in …

Credit system development is an integral part of the national economic stimulation and
improvement. The problem, however, is that small and medium-sized business faces …

While microfinance institutions play a role in the provision of financial services to individuals
and small businesses that lack access to banking and related services, the question is: Can …