Microfinance Performance and Social Capital: A Cross-Country Analysis
This study investigates the relationship between the extent to which social capital formation is facilitated within different societies
Abstract
In recent years, the microfinance industry has received a substantial amount of cross-border funding from both public and private sources. This funding reflects the increasing interest in microfinance as part of a more general trend towards socially responsible investments. In order to be able to secure sustained interest from these investors, it is important that the microfinance industry can show evidence of its contribution to reducing poverty at the bottom of the pyramid. For this, it is crucial to understand under what conditions microfinance institutions (MFIs) are able to reduce poverty. This paper contributes to this discussion by investigating the relationship between the extent to which social capital formation is facilitated within different societies and the financial and social performance of MFIs.
This is an output from the ‘Delivering Inclusive Financial Development and Growth’ project
Citation
Postelnicu, L. & Hermes, N. Microfinance Performance and Social Capital. Country Analysis (2016) Journal of Business Ethics
Links
Microfinance Performance and Social Capital: A Cross-Country Analysis