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Microfinance tradeoffs : regulation, competition, and financing (English)

This paper describes important trade-offs that microfinance practitioners, donors, and regulators navigate. Drawing evidence from large, global surveys of microfinance institutions, the authors find a basic tension between meeting social goals and maximizing financial performance. For example, non-profit microfinance institutions make far smaller loans on average and serve more women as a fraction of customers than do commercialized microfinance banks...
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Cull,Robert J.; Demirguc-Kunt,Asli; Morduch,Jonathan J..

Microfinance tradeoffs : regulation, competition, and financing (English). Policy Research working paper ; no. WPS 5086 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/846571468339264494

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