The Empirics of Microfinance: What Do we know?
Year: 2007
Type: article
Abstract: Microfinance has received a lot of attention recently, both from policy makers as well as in academic circles. Two of the main topics that have been hotly debated are explaining joint liability group lending and its implications for reducing information asymmetries, and the trade‐off between the financial sustainability and outreach of microfinance programmes. This Feature contains three novel empirical contributions providing new insights with respect to why and how joint liability group lending works. It also contains the first large‐scale systematic analysis of the trade‐off between financial performance and outreach of microfinance institutions.
Source: The Economic Journal
Authors: Niels Hermes, Robert Lensink
Institutions: University of Groningen, University of Nottingham
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2124027283