International Debt Financing and Performance of Microfinance Institutions

Roy Mersland and Ludovic Urgeghe ()
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Roy Mersland: UIA - University of Agder

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Abstract: Abstract Commercial funding to microfinance institutions (MFIs) seems to follow the negative screening approach, being driven mainly by financial performance and professionalization of the MFIs while subsidized funding seems to follow a positive approach, being driven mainly by targeting poverty alleviation and social inclusion.

Keywords: socially responsible investors; G11 G23 L2 O16 O17 EFM: 140 570 620 800 microfinance commercialisation socially responsible investors microfinance investment vehicles social performance; social performance; microfinance investment vehicles; G11; commercialisation; 800 microfinance; 620; 570; O17 EFM: 140; O16; L2; G23 (search for similar items in EconPapers)
Date: 2013
Note: View the original document on HAL open archive server: https://hal.science/hal-05220864v1
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Published in Strategic Change, 2013, 22 (1-2), pp.17-29. ⟨10.1002/jsc.1919⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05220864

DOI: 10.1002/jsc.1919

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