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Microfinance as a Catalyst for Sustainable Development: A Cross-National Comparative Study of the Environmental and Social Impacts

Year: 2025
Type: article
Abstract: This cross-national comparative study utilizes linear regression analysis and panel data analysis to examine the relationship between MFIs' sustainability-focused policies and programs and their environmental and social impacts. Specifically, this study analyzes the impact of various independent variables, such as green lending initiatives, environmental risk management, and social impact programs, on dependent variables measuring environmental and social outcomes. This approach provides insights into the strategies and best practices employed by MFIs to align their operations with the Sustainable Development Goals. The findings from this study contribute to the growing body of research on the role of microfinance in promoting sustainable development.
Language: English
Open Access status: gold
Estimated APC paid: $2,896
OpenAlex ID: W4410192323
FWCI: 4.694
Cites: 22
Cited by: 5
Related to: 10