Impact Measurement of Microfinance Outreach
Impact Measurement of Microfinance Outreach

Author: Van Duong Ha

Publisher:

Published: 2020-05-29

Total Pages: 112

ISBN-13: 9781952751080

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Microfinance outreach is a mission that encompasses all operations of microfinance institutions, it is an important goal to achieve operational sustainability and performance for most microfinance service providers, and help them scale up outreach of financial services to meet the demands, and needs of many poor and low-income people who often have limited outreach to formal financial services due to a number of barriers to their capacity, financial understanding and accessibility. The compilation of the content of this monographs book provides the overall contents of microfinance outreach through the measurement of microfinance outreach indicators. The quantitative models in the microfinance outreach are introduced to find out the factors affecting the microfinance outreach indicators, measuring customer satisfaction towards microfinance outreach and the interaction relationships of microfinance outreach indicators. The content of the book, "Impact Measurement of Microfinance Outreach" associates the microfinance outreach with the quantitative models, not going into proving the testing tools of econometrics but focusing on application tools in analyzing the results of quantitative models. Each quantitative model used in microfinance outreach research has important implications in many angles. The quantitative models will provide theoretical and empirical foundations that contribute positively to research and practical applications for many readers, students and postgraduate students.

The Triangle of Microfinance
The Triangle of Microfinance

Author: Manfred Zeller

Publisher: Intl Food Policy Res Inst

Published: 2002-01-01

Total Pages: 426

ISBN-13: 080187226X

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Since the 1980s when the microfinance revolution began, much has been accomplished, but the field became more refined in the 1990s as a result of shifts in paradigms, strategies, and development practices. This volume addresses the three policy objectives that now occupy those who wish to use credit as a development tool: financial sustainability of microfinance institutions, outreach to the poor, and welfare impact. Inevitable tradeoffs exist among these objectives, and the book advances an analytical framework that assists students of and experts in microfinance to identify the tradeoffs and synergies at the institutional level and in the policy environment. The book features a wealth of empirical data and innovative analytical studies, and critically discusses the role of public support for microfinance institutions (MFIs) in light of the social costs and benefits generated by such financial systems. The book is organized into five parts. The first discusses the demand for and access to financial services by the poor, emphasizing that demand-oriented, pro-poor financial services are crucial in reaching the poor. The second is concerned with two of the criteria used to evaluate MFIs—outreach and financial sustainability. The third features innovative econometric studies seeking to evaluate the impact of MFIs at the household level. The fourth looks at the role of both public- and private-sector institutions in developing sustainable financial systems. And the fifth summarizes implications for policy and research. Given the lack of sound, empirical literature on microfinance, this volume is sure to advance knowledge and research methodology in the field.

The Impact of Age, Size, Ownership and Funding of Microfinance Institutions on Their Sustainability and Outreach
The Impact of Age, Size, Ownership and Funding of Microfinance Institutions on Their Sustainability and Outreach

Author: Marc Agrain

Publisher:

Published: 2011

Total Pages:

ISBN-13:

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After about 35 years of existence, the microfinance industry has had time to grow and to mature. As the field of microfinance was evolving, research appeared that looked into the apparent contradiction faced by microfinance institutions (MFIs): the fact that fighting against poverty could be done in a sustainable way. This gave rise to the theory that MFIs could experience a "mission drift", that is to say that they would focus more on the sustainability component, leading to a commercialization of the sector. The objective of this work is to analyze main characteristics of MFIs (age, size, ownership and funding) and to look at their influences on the ability of these organizations to meet their social and financial objectives. The dataset we use comprises 286 MFIs operating in 60 countries across the world in 2009 and 2010. Using multiple linear regression analysis, we find that the efficiency of MFIs is positively linked to their age and size, and that NGOs are associated with a better depth of outreach. Interestingly, we find signs of "mission drift", since larger MFIs are found to be less linked to outreach depth and more linked to outreach breadth, and diversified MFIs (in terms of product offering) are associated with lower outreach depth. Finally, we do not find any impact of sources of the funds nor of the type of the MFI on their sustainability and outreach. However, we show that financial leverage does have a relationship with profitability, suggesting that the choice of capital structure is an issue, which could be studied in future research.

Microfinance Institutions
Microfinance Institutions

Author: R. Mersland

Publisher: Springer

Published: 2015-12-11

Total Pages: 329

ISBN-13: 113739966X

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Research on MFI performance is still in its infancy. MFIs are hybrid organizations with dual objectives. Performance studies in microfinance are therefore less straightforward compared to performance studies in traditional banking research. This book contains new MFI performance research by top scholars from across the globe.

Financial Inclusion and Livelihood Transformation
Financial Inclusion and Livelihood Transformation

Author: Srimoyee Datta

Publisher: Springer Nature

Published: 2023-08-28

Total Pages: 215

ISBN-13: 9819941415

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This book explores the role and effect of Microfinance Institutions (MFIs) with different dimensions. It is being supported with strong empirical evidence into various parameters of MFIs directed towards inclusive finance and the transformation journey of livelihoods of its beneficiaries. It also incorporates empirical evidence with the perception of both beneficiaries and non-beneficiaries. Starting its journey toward the path of comprehending how MFIs make their footprint among the excluded population in the selected areas, it incorporates the different outcomes of MFI lending like credit utilisation patterns, income generation, and employability. As financial stability helps to break out the vicious cycle of poverty, this book emphasises the self-dependent element for the beneficiaries and their households. It addresses the important issue of the female counterparts in society. It shows how the MFIs work actively to generate female empowerment from multiple dimensions among the selected communities. It addresses key issues to consider for inclusive policy formulation, especially for backward communities in the backward areas and gives a realistic scenario of the MFI activities, their interactions with the respondents, the various outcomes, and areas for further developments, etc. This book is beneficial for academicians, researchers, and policymakers.

Microfinance and Public Policy
Microfinance and Public Policy

Author: Bernd Balkenhol

Publisher: Palgrave Macmillan

Published: 2007-12-15

Total Pages: 194

ISBN-13: 9780230547025

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Microfinance institutions (MFIs) provide a public good: they provide income-creating financial services to un-bankable people. If MFIs create and deepen markets where none existed before, there may be a case for public support. While subsidies are generally not favorably seen in financial sector development, being difficult to target and possibly distorting the local financial market, there may be situations where the net social benefits of micro-finance may exceed those of not doing anything and of alternative anti-poverty programs. Under such circumstances longer-term public support may be justifiable. This book is based on a study of forty-five MFIs carried out by ILO, in partnership with the Universities of Geneva and Cambridge. The application of factor analysis and cluster analysis shows that MFIs form clusters in terms of social and performance. Within each cluster there is one institution that is most efficient on both scores. Public support should ensure that the relative efficiency of MFIs is enhanced, it should not prod MFIs to modify their mission and position between poverty outreach and profitability.

Microfinance Poverty Assessment Tool
Microfinance Poverty Assessment Tool

Author: Carla Henry

Publisher: World Bank Publications

Published: 2003-01-01

Total Pages: 224

ISBN-13: 9780821356746

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The Microfinance Poverty Assessment Tool method was developed to increase transparency in the outreach performance of microfinance institutions (MFIs) in order to more effectively assess their impact on the lives of poor people. It provides accurate data on the poverty levels of MFI clients relative to people living in the same community, using a more standardised and rigorous set of indicators than those used by conventional microfinance targeting tools, and allow comparative measurement of poverty outreach within and across countries. Although this method was designed for microfinance, it can also be used to measure the poverty levels of clients of other development programmes.

The Microfinance Impact
The Microfinance Impact

Author: Ranjula Bali Swain

Publisher: Routledge

Published: 2013-08-15

Total Pages: 161

ISBN-13: 1136308105

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Financial inclusion through microfinance has become a powerful force in improving the living conditions of poor farmers, rural non-farm enterprises and other vulnerable groups. In its unique ability to link the existing extensive network of India’s rural bank branches with the Self Help Groups (SHG), the National Bank of Agriculture and Rural Development (NABARD) has covered up to 97 million poor households by March 2010 under its Self Help Group Bank Linkage Programme. Policy-makers have proclaimed SHGs as ‘‘the most potent initiative ... for delivering financial services to the poor in a sustainable manner." This book presents a comprehensive scientific assessment of the impact of the Self Help Group Bank Linkage Programme (SBLP) on the member households. The book discusses wide-ranging topics, including the rural financial sector in India, the history and structure of the SBLP, the impact methodologies, the economic and social impact of microfinance, its role in building assets while reducing poverty and vulnerability, the role of women and their empowerment, training and accumulation of human capital and policy implications of lessons learned. The empirical results show that vulnerability of the more mature SHG members declines significantly. Vulnerability also falls for villages with better infrastructure and for SHGs that are formed by NGOs and linked by banks. The results strongly demonstrate that on average, there is a significant increase in the empowerment of the female participants. The economic impact of SBLP is found to be the most empowering. Greater autonomy and changes in social attitudes also lead to female empowerment. The investigation further reveals that training (especially business training) has a definite positive impact on assets but not on income. The impact of training can be improved through better infrastructure (as in paved roads), linkage model type, and the training organiser. Bridging the gap in the existing literature and between academics and practitioners, this book moves beyond the usual theoretical issues in the impact assessment literature and draws on new developments in methodology. It will be of interest to academics, development practitioners and students of economics, political science, sociology, public policy and development studies.

Microfinance and Public Policy
Microfinance and Public Policy

Author: Bernd Balkenhol

Publisher: International Labor Office

Published: 2007

Total Pages: 296

ISBN-13:

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This book states to aid agencies and governments to consider efficiency as a robust and reliable criterion to guide their decisions on whether continuing or discounting support from microfinance institutions (MFIS).