Microfinance, the long tail and mission drift
Author
Abstract
Suggested Citation
DOI: 10.1016/j.ibusrev.2013.03.006
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Carlos Serrano-Cinca & Begoña Gutiérrez-Nieto, 2012. "Microfinance, the long tail and mission drift," Working Papers CEB 12-001, ULB -- Universite Libre de Bruxelles.
References listed on IDEAS
- Hudon, Marek & Traca, Daniel, 2011.
"On the Efficiency Effects of Subsidies in Microfinance: An Empirical Inquiry,"
World Development, Elsevier, vol. 39(6), pages 966-973, June.
- Marek Hudon & Daniel Traca, 2006. "On the efficiency effects of subsidies in microfinance: an empirical inquiry," Working Papers CEB 06-020.RS, ULB -- Universite Libre de Bruxelles.
- Daniel Traca, 2011. "On the Efficiency Effects of Subsidies in Microfinance: An Empirical Inquiry," ULB Institutional Repository 2013/89989, ULB -- Universite Libre de Bruxelles.
- Nicolas Krauss & Ingo Walter, 2009. "Can Microfinance Reduce Portfolio Volatility?," Economic Development and Cultural Change, University of Chicago Press, vol. 58(1), pages 85-110, October.
- Leonard Laudadio, 1963. "Size Of Bank, Size Of Borrower, And The Rate Of Interest," Journal of Finance, American Finance Association, vol. 18(1), pages 20-28, March.
- Mersland, Roy & Strøm, R. Øystein, 2010. "Microfinance Mission Drift?," World Development, Elsevier, vol. 38(1), pages 28-36, January.
- Robert Cull & Asli Demirgüç-Kunt & Jonathan Morduch, 2009.
"Microfinance Meets the Market,"
Journal of Economic Perspectives, American Economic Association, vol. 23(1), pages 167-192, Winter.
- Robert Cull & Asli Demirgüç-Kunt & Jonathan Morduch, 2009. "Microfinance meets the market," Contemporary Studies in Economic and Financial Analysis, in: Moving Beyond Storytelling: Emerging Research in Microfinance, pages 1-30, Emerald Group Publishing Limited.
- Cull, Robert & Demirguc-Kunt, Asli & Morduch, Jonathan, 2008. "Microfinance meets the market," Policy Research Working Paper Series 4630, The World Bank.
- Beatriz Armendáriz & Ariane Szafarz, 2011.
"On Mission Drift in Microfinance Institutions,"
World Scientific Book Chapters, in: Beatriz Armendáriz & Marc Labie (ed.), The Handbook Of Microfinance, chapter 16, pages 341-366,
World Scientific Publishing Co. Pte. Ltd..
- Beatriz Armendariz & Ariane Szafarz, 2009. "On Mission Drift In Microfinance Institutions," Working Papers CEB 09-015.RS, ULB -- Universite Libre de Bruxelles.
- Beatriz Armendariz & Ariane Szafarz, 2011. "On Mission Drift in Microfinance Institutions," ULB Institutional Repository 2013/97387, ULB -- Universite Libre de Bruxelles.
- Armendáriz, Beatriz & Szafarz, Ariane, 2011. "On mission drift in microfinance institutions," MPRA Paper 31041, University Library of Munich, Germany, revised 2010.
- repec:idb:brikps:79506 is not listed on IDEAS
- Peppard, Joe, 2000. "Customer Relationship Management (CRM) in financial services," European Management Journal, Elsevier, vol. 18(3), pages 312-327, June.
- Stiglitz, Joseph E, 1990. "Peer Monitoring and Credit Markets," The World Bank Economic Review, World Bank, vol. 4(3), pages 351-366, September.
- Philip E. Strahan & James Weston, 1996. "Small business lending and bank consolidation: is there cause for concern?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 2(Mar).
- Morduch, Jonathan, 1999. "The role of subsidies in microfinance: evidence from the Grameen Bank," Journal of Development Economics, Elsevier, vol. 60(1), pages 229-248, October.
- Hermes, Niels & Lensink, Robert & Meesters, Aljar, 2011.
"Outreach and Efficiency of Microfinance Institutions,"
World Development, Elsevier, vol. 39(6), pages 938-948, June.
- Hermes, Niels & Lensink, Robert & Meesters, Aljar, 2008. "Outreach and Efficiency of Microfinance Institutions," Research Report 08002, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Berger, Allen N. & Black, Lamont K., 2011. "Bank size, lending technologies, and small business finance," Journal of Banking & Finance, Elsevier, vol. 35(3), pages 724-735, March.
- Robert Cull & Asli Demirguç-Kunt & Jonathan Morduch, 2007.
"Financial performance and outreach: a global analysis of leading microbanks,"
Economic Journal, Royal Economic Society, vol. 117(517), pages 107-133, February.
- Cull, Robert & Demirguc-Kunt, Asli & Morduch, Jonathan, 2006. "Financial performance and outreach : a global analysis of leading microbanks," Policy Research Working Paper Series 3827, The World Bank.
- Aleem, Irfan, 1990. "Imperfect Information, Screening, and the Costs of Informal Lending: A Study of a Rural Credit Market in Pakistan," The World Bank Economic Review, World Bank, vol. 4(3), pages 329-349, September.
- Morduch, Jonathan, 2000.
"The Microfinance Schism,"
World Development, Elsevier, vol. 28(4), pages 617-629, April.
- Morduch, J., 1998. "The Microfinance Schism," Papers 626, Harvard - Institute for International Development.
- Beaver, Wh, 1966. "Financial Ratios As Predictors Of Failure," Journal of Accounting Research, Wiley Blackwell, vol. 4, pages 71-111.
- Roberts, Peter W., 2013. "The Profit Orientation of Microfinance Institutions and Effective Interest Rates," World Development, Elsevier, vol. 41(C), pages 120-131.
- Jimenez, Gabriel & Saurina, Jesus, 2004.
"Collateral, type of lender and relationship banking as determinants of credit risk,"
Journal of Banking & Finance, Elsevier, vol. 28(9), pages 2191-2212, September.
- Gabriel Jiménez & Jesús Saurina, 2004. "Collateral, type of lender and relationship banking as determinants of credit risk," Working Papers 0414, Banco de España.
- Stiglitz, Joseph E, 1969.
"Distribution of Income and Wealth among Individuals,"
Econometrica, Econometric Society, vol. 37(3), pages 382-397, July.
- Joseph E. Stiglitz, 1967. "Distribution of Income and Wealth Among Individuals," Cowles Foundation Discussion Papers 238, Cowles Foundation for Research in Economics, Yale University.
- Erik Brynjolfsson & Yu (Jeffrey) Hu & Duncan Simester, 2011. "Goodbye Pareto Principle, Hello Long Tail: The Effect of Search Costs on the Concentration of Product Sales," Management Science, INFORMS, vol. 57(8), pages 1373-1386, August.
- Marek Hudon, 2007. "Fair interest rates when lending to the poor," ULB Institutional Repository 2013/14204, ULB -- Universite Libre de Bruxelles.
- Tchakoute-Tchuigoua, Hubert, 2010. "Is there a difference in performance by the legal status of microfinance institutions?," The Quarterly Review of Economics and Finance, Elsevier, vol. 50(4), pages 436-442, November.
- Ohlson, Ja, 1980. "Financial Ratios And The Probabilistic Prediction Of Bankruptcy," Journal of Accounting Research, Wiley Blackwell, vol. 18(1), pages 109-131.
- Dehejia, Rajeev & Montgomery, Heather & Morduch, Jonathan, 2012.
"Do interest rates matter? Credit demand in the Dhaka slums,"
Journal of Development Economics, Elsevier, vol. 97(2), pages 437-449.
- Dehejia, Rajeev & Montgomery, Heather & Morduch, Jonathan, 2005. "Do interest rates matter? credit demand in the Dhaka Slums," MPRA Paper 33146, University Library of Munich, Germany.
- Ronald U. Mendoza, 2011. "Why do the poor pay more? Exploring the poverty penalty concept," Journal of International Development, John Wiley & Sons, Ltd., vol. 23(1), pages 1-28, January.
- Valentina Hartarska & Christopher F. Parmeter & Denis Nadolnyak, 2010. "Economies of Scope of Lending and Mobilizing Deposits in Microfinance Institutions: A Semiparametric Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(2), pages 389-398.
- Andreas Dietrich, 2012. "Explaining loan rate differentials between small and large companies: evidence from Switzerland," Small Business Economics, Springer, vol. 38(4), pages 481-494, May.
- Suman Ghosh & Eric Van Tassel, 2008. "A Model of Mission Drift in Microfinance Institutions," Working Papers 08003, Department of Economics, College of Business, Florida Atlantic University.
- Hermes, Niels & Lensink, Robert, 2011. "Microfinance: Its Impact, Outreach, and Sustainability," World Development, Elsevier, vol. 39(6), pages 875-881, June.
- Hege Gulli, 1998. "Microfinance and Poverty: Questioning the Conventional Wisdom," IDB Publications (Books), Inter-American Development Bank, number 79506 edited by Nancy Morrison, February.
- Roy Mersland & Reidar Øystein Strøm, 2008. "Performance and trade-offs in Microfinance Organisations-does ownership matter?," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(5), pages 598-612.
- Copestake, James, 2007. "Mainstreaming Microfinance: Social Performance Management or Mission Drift?," World Development, Elsevier, vol. 35(10), pages 1721-1738, October.
- Bego�a Guti�rrez Nieto & Carlos Serrano Cinca, 2006. "Factors explaining the rating of Microfinance Institutions," Documentos de Trabajo dt2006-03, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Carlos Serrano-Cinca & Begoña Gutiérrez-Nieto & Beatriz Cuéllar Fernández & Yolanda Fuertes-Callén, 2013. "Poverty penalty and microfinance," Working Papers CEB 13-029, ULB -- Universite Libre de Bruxelles.
- Patrick Reichert, 2018.
"A meta-analysis examining the nature of trade-offs in microfinance,"
Oxford Development Studies, Taylor & Francis Journals, vol. 46(3), pages 430-452, July.
- Patrick Reichert, 2016. "A meta-analysis examining the nature of trade-offs in microfinance," Working Papers CEB 16-005, ULB -- Universite Libre de Bruxelles.
- Begoña Gutiérrez-Nieto & Carlos Serrano-Cinca & Beatriz Cuéllar-Fernández & Yolanda Fuertes-Callén, 2017. "The Poverty Penalty and Microcredit," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(2), pages 455-475, September.
- Gutiérrez-Nieto, Begoña & Serrano-Cinca, Carlos, 2019.
"20 years of research in microfinance: An information management approach,"
International Journal of Information Management, Elsevier, vol. 47(C), pages 183-197.
- Begoña Gutiérrez Nieto & Carlos Serrano-Cinca, 2019. "20 Years of Research in Microfinance: An Information Management Approach," Working Papers CEB 19-005, ULB -- Universite Libre de Bruxelles.
- Niels Hermes & Marek Hudon, 2018.
"Determinants Of The Performance Of Microfinance Institutions: A Systematic Review,"
Journal of Economic Surveys, Wiley Blackwell, vol. 32(5), pages 1483-1513, December.
- Niels Hermes & Marek Hudon, 2018. "Determinants of the Performance of Microfinance Institutions: A Systematic Review," Working Papers CEB 18-024, ULB -- Universite Libre de Bruxelles.
- Niels Hermes & Marek Hudon, 2018. "Determinants of the Performance of Microfinance Institutions: A Systematic Review," Working Papers CEB 18-024, ULB -- Universite Libre de Bruxelles.
- Bos, Jaap W.B. & Millone, Matteo, 2015.
"Practice What You Preach: Microfinance Business Models and Operational Efficiency,"
World Development, Elsevier, vol. 70(C), pages 28-42.
- Bos, J.W.B. & Millone, M.M., 2013. "Practice what you preach: Microfinance business models and operational efficiency," Research Memorandum 067, Maastricht University, Graduate School of Business and Economics (GSBE).
- Hermes, Cornelis & Hudon, M., 2018. "Determinants of the Performance of Microfinance Institutions: A Systematic Review," Research Report 2018008, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Brière, Marie & Szafarz, Ariane, 2015.
"Does Commercial Microfinance Belong to the Financial Sector? Lessons from the Stock Market,"
World Development, Elsevier, vol. 67(C), pages 110-125.
- Marie Briere & Ariane Szafarz, 2015. "Does commercial microfinance belong to the financial sector? Lessons from the stock market," Post-Print CEB, ULB -- Universite Libre de Bruxelles, vol. 67, pages 110-125, March.
- Marie Briere & Ariane Szafarz, 2014. "Does Commercial Microfinance Belong to the Financial Sector? Lessons from the Stock Market," Working Papers CEB 14-024, ULB -- Universite Libre de Bruxelles.
- Marie Brière & Ariane Szafarz, 2015. "Does Commercial Microfinance Belong to the Financial Sector? Lessons from the Stock Market," Post-Print hal-01491987, HAL.
- Widiarto, Indra & Emrouznejad, Ali, 2015. "Social and financial efficiency of Islamic microfinance institutions: A Data Envelopment Analysis application," Socio-Economic Planning Sciences, Elsevier, vol. 50(C), pages 1-17.
- Simon Cornée & Gervais Thenet, 2016.
"Efficience des institutions de microfinance en Bolivie et au Pérou:une approche data envelopment analysis en deux étapes,"
Revue Finance Contrôle Stratégie, revues.org, vol. 19(1), pages 65-91, March.
- Simon Cornée & Gervais Thenet, 2015. "Efficience des institutions de microfinance en Bolivie et au Pérou : une approche Data Envelopment Analysis en deux étapes," Economics Working Paper Archive (University of Rennes & University of Caen) 201516, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Simon Cornée & Gervais Thenet, 2015. "Efficience des institutions de microfinance en Bolivie et au Pérou :une approche Data Envelopment Analysis en deux étapes," Working Papers CEB 15-040, ULB -- Universite Libre de Bruxelles.
- Simon Cornée & Gervais Thenet, 2016. "Efficience des institutions de microfinance en Bolivie et au Pérou : une approche data envelopment analysis en deux étapes," Post-Print halshs-01306946, HAL.
- Karel Janda & Pavel Zetek, 2015. "Mikrofinanční revoluce: kontroverze a výzvy [Microfinance Revolution: Controversies and Challenges]," Politická ekonomie, Prague University of Economics and Business, vol. 2015(1), pages 108-130.
- repec:dau:papers:123456789/14039 is not listed on IDEAS
- Hudon, Marek & Périlleux, Anaïs, 2014. "Surplus distribution and characteristics of social enterprises: Evidence from microfinance," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(2), pages 147-157.
- Janda, Karel & Zetek, Pavel, 2014. "Mikrofinanční Revoluce: Aktuální Kontroverze A Výzvy [Microfinance Revolution: Recent Controversies And Challenges]," MPRA Paper 54098, University Library of Munich, Germany.
- Janda, Karel & Zetek, Pavel, 2014. "Survey of Microfinance Controversies and Challenges," MPRA Paper 56657, University Library of Munich, Germany.
- Bert D'Espallier & Marek Hudon & Ariane Szafarz, 2016.
"Aid Volatility and Social Performance in Microfinance,"
Working Papers CEB
16-015, ULB -- Universite Libre de Bruxelles.
- Bert D'Espallier & Marek Hudon & Ariane Szafarz, 2017. "Aid Volatility and Social Performance in Microfinance," ULB Institutional Repository 2013/239877, ULB -- Universite Libre de Bruxelles.
- Beatriz Cu鬬ar-Fernᮤez & Yolanda Fuertes-Call鮠 & Carlos Serrano-Cinca & Bego uti鲲ez-Nieto, 2016.
"Determinants of margin in microfinance institutions,"
Applied Economics, Taylor & Francis Journals, vol. 48(4), pages 300-311, January.
- Beatriz Cuéllar Fernández & Yolanda Fuertes-Callén & Carlos Serrano-Cinca & Begoña Gutiérrez-Nieto, 2012. "Determinants of Margin in Microfinance Institutions," Working Papers CEB 12-030, ULB -- Universite Libre de Bruxelles.
- Kwame Ohene Djan & Roy Mersland, 2022. "Are NGOs and cooperatives similar or different? A global survey using microfinance data," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(2), pages 641-683, June.
- A. Blanco-Oliver & A. Irimia-Diéguez, 2021. "Impact of outreach on financial performance of microfinance institutions: a moderated mediation model of productivity, loan portfolio quality, and profit status," Review of Managerial Science, Springer, vol. 15(3), pages 633-668, April.
- Bibi, Uzma & Balli, Hatice Ozer & Matthews, Claire D. & Tripe, David W.L., 2018. "New approaches to measure the social performance of microfinance institutions (MFIs)," International Review of Economics & Finance, Elsevier, vol. 53(C), pages 88-97.
- Tchakoute Tchuigoua, Hubert, 2018. "Which types of microfinance institutions decentralize the loan approval process?," The Quarterly Review of Economics and Finance, Elsevier, vol. 67(C), pages 237-244.
More about this item
Keywords
Bankruptcy; Financial ratios; Long tail; Microfinance; Mission drift; Outreach; Social performance;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:iburev:v:23:y:2014:i:1:p:181-194. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/133/description#description .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.