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Figure 2 Return on equity of microfinance institutions.
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It is busily selling equity stakes in its portfolio of microfinance investments.
Individual borrower repayment rates are excellent, he added, but there are few statistics available for default rates of microfinance institutions; if an institution defaults, how will investors get their equity out without hurting the institution's clients?
In addition, using decision-making on household purchases as a proxy for spousal equity, the women with formal education experienced an increased spousal violence when they were also the members of microfinance programmes.
Are you disdainful of microfinance?
He cites Dr Muhammad Yunus, creator of Microfinance.
FOR years Muhammad Yunus reigned as the public face of microfinance.
But what do the mainstream banks themselves make of microfinance?
Shouldn't it be the Year of Microfinance?
The future of microfinance sector, as such, is not dark.
On one thing even critics of microfinance agree.
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