A meta-analysis examining the nature of trade-offs in microfinance

Patrick Reichert

No 16-005, Working Papers CEB from ULB -- Universite Libre de Bruxelles

Abstract: Increasingly, microfinance institutions must balance both social and financial objectives, the so-called double bottom line. A growing number of studies have investigated the ability of MFIs to achieve both objectives simultaneously. From an initial sample of 3,299 articles, I synthesize 274 empirical findings from 61 studies to perform a meta-analysis on the relationship between financial and social performance. Findings suggest that studies using the Mix Market database are less likely to confirm trade-offs while articles that use efficiency indicators, employ an economic frontier methodology or are published in development journals are more likely to confirm evidence of performance trade-offs.

Keywords: Microfinance; Performance; Outreach; Efficiency; Meta-analysis (search for similar items in EconPapers)
JEL-codes: C12 G21 L25 L31 (search for similar items in EconPapers)
Pages: 17 p.
Date: 2016-01-14
New Economics Papers: this item is included in nep-ban and nep-mfd
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Citations: View citations in EconPapers (12)

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Journal Article: A meta-analysis examining the nature of trade-offs in microfinance (2018)
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