According to the author, rather than alleviating poverty, microfinance financialises poverty.
By indebting poor people in the Global South, it drives financial expansion and opens new …

Microfinance banks use group-based lending contracts to strengthen borrowers' incentives
for diligence, but the contracts are vulnerable to free-riding and collusion. We systematically …

This paper examines the relation between geographic diversification and credit risk in
microfinance. The empirical findings from the banking industry are mixed and inconclusive …

This paper provides evidence that lenders to a firm close to distress have incentives to
coordinate: lower financing by one lender reduces firm creditworthiness and causes other …

“Microfinance revolution” is the term often applied to the successful expansion of small‐
scale financial services to the poor with high repayment records in developing countries …

Based on a dataset covering 2938 banks and 1078 microfinance institutions (MFIs)
operating in 106 countries this paper compares drivers of MFI and bank solvency risk …

The objective of this study was to identify and examine the determinants of loan repayment
in MFIs in Gedeo zone, SNNPRS, Ethiopia. In fact, identifying and examining such …

Italian firms delay payment to banks weakened by past loan losses. Exploiting Credit
Register data, we fully absorb borrower fundamentals with firm‐quarter effects. Identification …

Purpose To enhance the loan repayment performance of microfinance institutions (MFIs) in
Pakistan, this study aims to analyze the direct impact of social capital and loan credit terms …

We provide an experimental and theoretical evaluation of a cost-reducing innovation in the
delivery of “self-help group” microfinance services, in which privatized agents earn …