JEL classification codes: G11, G23, L2, O16, O17.
International Debt Financing and Performance of Microfinance Institutions†
Article first published online: 20 FEB 2013
Copyright © 2013 John Wiley & Sons, Ltd.
Special Issue: Second Special Issue on Microfinance
Volume 22, Issue 1-2, pages 17–29, February 2013
How to Cite
Mersland, R. and Urgeghe, L. (2013), International Debt Financing and Performance of Microfinance Institutions . Strat. Change, 22: 17–29. doi: 10.1002/jsc.1919
- Issue published online: 20 FEB 2013
- Article first published online: 20 FEB 2013
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.