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LIBROS DEL AUTOR: pim engels

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Mission Drift in Microfinance. The Influence of Institutional and Country Risk Indicators on the Trade-Off between the Financial and Social Performance of Microfinance Institutions

Pim Engels

Investments in microfinance by institutional investors are growing. The investors benefit from a dual return investment opportunity by balancing financial and social returns. Yet, commercial microfinance institutions tend to focus on their financial performance. Reaching out to wealthier clients while crowding out poorer clients enhances their profitability - a phenomenon calle...

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