Microfinance Research
IAMFI posts articles and research to help investors be better informed about key issues and trends in microfinance. You may use the web page search function (in upper right corner of web page) to identify publications of interest by using key words. A web page search function will only capture items that reside on the web site, and items provided in the form of a link to a publication posted on another website will not appear in your search results. IAMFI requests publications in document or pdf form to aid site visitors in their search, but not all contributors provide materials in searchable format. Another search tip, especially for web links, is to type Ctrl+F while on the Research page and enter a publication title, author, publisher or date.
Microfinance Overview
Microfinance Investing
MIVs
MFIs
Back to TopMicrofinance Overview
Microfinance Industry Reports: Lao People’s Democratic Republic; Thailand; Vietnam; Bangladesh; Indonesia; Sri Lanka and Nepal (Click Specific Country)
Published by: Banking with the Poor Network and the Foundation for Development Cooperation
July 2010
The Banking with the Poor Network and the Foundation for Development Cooperation offer several industry analyses for countries in South and East Asia. Each report gives an overview of the country’s financial industry while explaining specific details of the history and distribution of the microfinance sector. These reports also sum the strengths, weaknesses, opportunities and threats to the efficient functioning of microfinance in these Asian countries.
Microfinance Industry Report: Myanmar
Published by: Banking with the Poor Network, The Foundation for Development Cooperation and ACTED.
July 2010
The Banking with the Poor Network, the Foundation for Development Cooperation and ACTED provide a microfinance industry analysis specific to Myanmar. This report gives an overview of the country’s financial industry while explaining specific details of the history and distribution of the microfinance sector. This report also sums the strengths, weaknesses, opportunities and threats to the industry and suggests recommendations to the development of microfinance in Myanmar.
Industry Update: Microfinance in Timor-Leste (East Timor)
Published by: Banking with the Poor Network
June 2010
East Timor, one of the world’s newest countries, has experienced several changes after it gained independence in 2002. This report provides a summary of the governmental, institutional, and legal transformations that the country has experienced and how these changes have affected the growing microfinance sector. Specifically, this summary details East Timor’s largest MFIs and the challenges and successes they have faced alongside East Timor's new nationhood.
Overview of the Microcredit Sector in the European Union
Bárbara Jayo, Anabel González, Casey Conzett
Published by: European Microfinance Network
June 2010
Evaluating Microfinance: Do Small Loans For Poor Entrepreneurs Help End Poverty?
Published by: CQ Global Researcher
April 2010
Microfinance in the ECA in 2009: Preliminary Results.
Published by: Microfinance Centre
March 2010
Addressing the Risks of Client Over-Indebtedness in Microfinance
Published by: KfW
March 2010
Growth and Vulnerabilities in Microfinance
Published by: CGAP
February 2010
Does foreign ownership in microfinance interfere with local development?
Published by: ADA
December 2009
Microfinance in ECA on the Eve of Financial Crisis. 2009 Edition.
J.Pytkowska, P.Koryński, A. Mach
Published by: Microfinance Centre
November 2009
Microfinance Through The Crisis
Published by: Fitch Ratings
November 2009
Financial Access 2009: Measuring Access to Financial Services Around the World
Published by: CGAP
September 2009
Amenazas y Oportunidades en Tiempos de Crisis
Published by: MicroRate
August 2009
FinAccess National Survey 2009
Published by: FSD Kenya and Central Bank of Kenya
June 2009
Microfinance in Asia: Trends, Challenges and Opportunities
Bedson, J. (Ed.)
Published by: Foundation for Development Cooperation
June 2009
Will the Bottom of the Pyramid Hit Bottom? The Effects of the Global Credit Crisis on the Microfinance Sector
microNOTE #55
Barbara Magnoni and Jennifer Powers
Published by: USAID
March 2009
Islamic Microfinance Report
Allen & Overy LLP
Published by: IDLO - International Development Law Organisation
February 2009
BRIC By Name, BRIC By Nature?
Frank Gill, KimEng Tan, Lisa M Schineller, Joydeep Mukherji
Published by: Standard & Poor's
February 4, 2009
The Global Financial Crisis and Its Impact on Microfinance
Focus Note No. 52
Elizabeth Littlefield and Christoph Kneiding
Published by: CGAP
February 2009
Access to Finance in Nigeria: Microfinance, Branchless Banking, and SME Finance
Isern, J., Agbakoba, A., Flaming, M., Mantilla, J., Pellegrini, G. and Tarazi
Published by: CGAP
January 2009
Making Insurance Markets Work for the Poor: Microinsurance Policy, Regulation and Supervision - Uganda Case Study
Smith, A., Hendrie, S., Bester, H. and Rukondo, M.,
Published by: CGAP Working Group on Microinsurance
January 2009
Government's Role in Microfinance: What is the Optimal Policy Mix?
Published by: CGAP
2009
The Role of Information and Communication Technologies (ICT) in Improving Microcredit: The Case of Correspondent Banking in Brazil
Eduardo H. Diniz, Marlei Pozzebon, Martin Jayo, Ewandro Araujo
2009
Published by: Pakistan Microfinance Network
2008
The Triple Bottom Line for Microfinance
Geert Jan Schuite and Alberic Pater
Published by: Triodos Facet
December 2008
Global Economic Meltdown
Microcredit Summit
Published by: Microfinance Gateway
December 2008
CGAP Virtual Conference - The Financial Crisis and Microfinance: Experience, Insights, and Implications (Summary) (pdf)
Published by:CGAP
November 18-20, 2008
Microfinance in Africa: Harnessing the Potential of a Continent (pdf)
Sarita Gupta
Published by: Women's World Banking
November 1, 2008
Putting the 'Social' Into Performance Management: A Practice-based Guide for Microfinance (pdf)
Campion, A., Linder, C. & Knotts, K.
Published by: IDS - Institute of Development Studies at the University of Sussex
November 2008
Microscope on the Microfinance Business Environment in Latin America and the Caribbean
Published by: Economist Intelligence Unit, and Inter-American Development Bank and Corporación Andina de Fomento (CAF)
October 2008
Inclusive Finance - the State of Microfinance Sector in ECA: 2008 Edition
Justyna Pytkowska, A-S. Houyet, A. Mach, MFC
Published by: Microfinance Centre (MFC) for Central and Eastern Europe and the New Independent States
October 2008
Is it Fair to Do Business With the Poor?
Geneva Papers on Inclusiveness
Symposium Special Issue
Published by: World Microfinance Forum Geneva
October 2008
Microcredit, Microfinance, Inclusive Finance: Building on Success for Innovative Solutions for Poverty Eradication in Africa (pdf)
Published by: United Nations Capital Development Fund (UNCDF)
September 2008
Meditations on the U.S. Sub-Prime Crisis (pdf)
K. McKee
Published by: Microfinance Gateway
Fall 2008
Islamic Microfinance: An Emerging Market Niche (pdf)
Focus Note #49
Nimrah Karim, Michael Tarazi, and Xavier Reille
Published by: CGAP
August 2008
Money for Nothing: Charitable Deductions for Microfinance Lenders
Sarah B. Lawsky
Published by: George Washington University - Law School
July 2008
Reaching Mexico's Unbanked
Economic Letter—Insights from the Federal Reserve Bank of Dallas
Vol. 3, No. 7
Edward C. Skelton
Published by: Federal Reserve Bank of Dallas
July 2008
Are Microcredit Interest Rates Exploitative?
Rich Rosenberg
Published by: CGAP
June 17, 2008
Can the Poor Afford Microcredit? (pdf)
Framing Note No. 4
Jonathan Morduch
Published by: Financial Access Initiative
June 2008
Lessons for the Involvement of European Development Banks and Other IFIs in Microfinance Institutions: The Case Studies of Grameen Bank, BancoSol and ProCredit Bosnia & Herzegovina
Geert Jan Schuite and Alberic Pater
May 2008
Social Performance Map - All 15 Chapters
Published by: SEEP Network
April 30, 2008
Microfinance in Nigeria and the Prospects of Introducing its Islamic Version There in the Light of Selected Muslim Countries’ Experience (pdf)
Mhammed, Aliyu Dahinu and Hasan, Zubair
International Islamic University Malaysia
Published by: Munich Personal RePEc Archive
April 16, 2008
Are We Overestimating Demand for Microloans? (pdf)
Published by: CGAP
April 2008
Stemming the Tide of Mission Drift: Microfinance Transformations and the Double Bottom Line
Christina Frank, Elizabeth Lynch and Louise Schneider-Moretto
Published by: Women's World Banking
April 17, 2008
Performance Indicators for Microinsurance – A Handbook for Microinsurance Practitioners (pdf)
Denis Garand and John Wipf
Published by: Appui au Développement Autonome (ADA), Belgian Raiffeisen Foundation (BRS) and CGAP Working Group on MicroInsurance
April 2008, Luxembourg
Psychology and Economics: What it Means for Microfinance (pdf)
Framing Note No. 3
Sendhil Mullainathan and Sudha Krishnan
Published by: Financial Access Initiative
April 2008
Going to Scale with Housing Microfinance: The Role of Commercial Banks (pdf)
Carlos Martin
Published by: USAID
March 2008
A Billion to Gain? The Next Phase - A Study on Global Financial Institutions and Microfinance (pdf)
Matthijs Boúúaert
Published by: ING
March 2008
Implementing FATF Standards in Developing Countries and Financial Inclusion: Findings and Guidelines
Hennie Bester, Doubell Chamberlain, Louis de Koker, Christine Hougaard, Ryan Short, Anja Smith, Richard Walker
Published by: First Initiative
February 2008
From Revolution to Evolution: Charting the Main Features of Microfinance 2.0 (pdf)
Ronald Mendoza and Brandon Vick
Published by: Department of Economics, Fordham University
February 2008
Impact of Credit: How to Measure Impact and Improve Operations Too (pdf)
Framing Note No. 2
Dean Karlan and Nathanael Godlberg
Published by: Financial Access Initiative
January 2008
The Impacts of Savings (pdf)
Framing Note No. 1
Dean Karlan
Published by: Financial Access Initiative
January 2008
Regulating Transformational Branchless Banking: Mobile Phones and Other Technology to Increase Access to Finance (pdf)
Focus Note No. 43
Timothy R. Lyman, Mark Pickens, and David Porteous
Published by: CGAP
January 2008
Diagnostic to Action: Microfinance in Africa
Published by: WWB and Africa Microfinance Action Forum (AMAF)
2008
Making Microfinance Work Better in the Middle East and North Africa
Brandsma, J. and Hart, L.,
Published by: World Bank
2008
Savings for Poor People: Good for clients, good for business? (pdf)
Published by: CGAP
December 2007
Microfinance Regulation and Supervision in Mongolia (pdf)
Nyamaa Togtokhbariul
Published by: Iris, CGAP and Central Bank of Mongolia
November 2007
2006: The State of Microfinance Industry in Eastern Europe and Central Asia
Justyna Pytkowska and Marcin Rataj
Published by: Microfinance Center for CEE and NIS
September 2007
Financial Inclusiveness in Our Hemisphere (pdf)
Viewpoints Americas
Volume 7, Issue 8
Carl Cira and Francisco Prior
September 7, 2007
Americas Society/Council of the Americas
Targeting Poorer Clients (pdf)
Published by: CGAP
August 2007
Microscope on the Microfinance Business Environment in Latin America 2007 (pdf)
The Economist Intelligence Unit
Published by: The Inter-American Development Bank (IDB)
2007
Pakistan Microfinance Review (pdf)
Published by: Pakistan Microfinance Network
2007
Insurance in Emerging Markets: Sound Development; Greenfield for Agricultural Insurance (pdf)
Sigma No.1
Maria Sol Baez and Simon Wong
Published by: Swiss Re
2007
Microfinance in Post-disaster and Post-conflict Situations: Turning Victims into Shareholders (pdf)
Marek Hudon and Hans Dieter Seibel
Published by: Université Libre de Bruxelles
2007
Institutional Challenges in Micro Finance Sector (doc)
T.S. Anand Kumar, V. Praseeda Sanu and Jeyanth K. Newport
Published by: The Microfinance Gateway
2007
Back to Top
Microfinance Investing
State of Microfinance Investment: 2010 MIV Survey
Published by: MicroRate Incorporated
July 2010
A Primer on Currency Risk Management for Microfinance Institutions
Published by: J.P. Morgan
July 2010
This report investigates currency management as a funding mechanism for microfinance institutions. Currency trading policy, J.P. Morgan states, should be carried out with the goal of minimizing risk instead of maximizing profits. J.P Morgan examines the best method for formulating a practical strategy of currency management that is in the best interest of the MFI's goals.
Microfinance Investing: Doing Well by Doing Good
Joan Trant
June 2010
Alexia Latortue, Jasmina Glisovic-Mezieres, and Mayada El-Zoghi
Published by: CGAP
May 2010
Microfinance Foreign Exchange Facilities: Performance and Prospects
David Apgar and Xavier Reille
Published by: CGAP
May 2010
2010 Directory of Funders Active in Eastern Europe and Central Asia (ECA)
Published by: Microfinance Centre
March 2010
All Eyes on Asset Quality: Microfinance Global Valuation Survey 2010
Published by: CGAP and J.P. Morgan
March 2010
Global Microscope On The Microfinance Business Environment
Published by: Inter-American Development Bank
2009
Deleveraging Microfinance: Principles For Managing Voluntary Debt Workouts Of
Published by: Journal of Law and Commerce, Volume 27 Issue 2
2009
Solutions for Impact Investors: From Strategy to Implementation
Steven Godeke and Raúl Pomares, with Albert V. Bruno, Pat Guerra, Charly Kleissner, and Hersh Shefrin
Published by: Rockefeller Philanthropy Advisors
November 2009
Implementing the Client Protection Principles, A Technical Guide for Investors
Published by: CGAP
September 2009
A Guide to Selected Emerging Markets for Microfinance Issuers and International Investors: Colombia
Published by: Women's World Banking
July 2009
Microfinance Private Equity: Taking the Pulse of an Emerging Investment
Microfinance Insights Vol. 13
Lindsay Clinton and Joan Trant
Published by: Intellecap
July 2009
Microfinance Banana Skins 2009: Confronting crisis and change
David Lascelles and Sam Mendelson
Published by: Centre for the Study of Financial Innovation (CSFI)
July 2009
Eastern Europe and Central Asia Microfinance Analysis Benchmarking Report 2008
Published by: Microfinance Information Exchange (MIX) and CGAP
March 2009
Microfinance in Asia: Trends, Challenges and Opportunities
Jamie Bedson (Ed.)
Published by: The Foundation for Development Cooperation
March 2009
Emerging Opportunities for Microfinance in West Africa
Research Consultant: Intellecap
Published by: Goodwell Investments
March 2009
Microfinance: Main Luxembourg Microfinance Investment Vehicles
Published by: Arendt & Medernach
March 2009
Microfinance: Investing with an Impact
International Investment & Securities Review 2009
Joan Trant
Published by: Euromoney Institutional Investor
February 2009
Implementing FATF Standards in Developing Countries and Financial Inclusion: Findings and Guidelines
Hennie Bester, Doubell Chamberlain, Louis de Koker, Christine Hougaard, Ryan Short, Anja Smith, Richard Walker
Published by: FIRST Initiative
February 2009
Shedding Light on Microfinance Equity Valuation: Past and Present (pdf)
Occasional Paper No. 14
Nicholas P. O'Donohoe, Frederic Rozeira de Mariz, Elizabeth Littlefield, Xavier Reille, and Christoph Kneiding
Published by: CGAP and JP Morgan
February 2009
Microfinance - Testing its Resilience to the Global Financial Crisis
Financial Services Special Report
Sandra Hamilton,
Mark Young, Peter V. Shaw, Sergio Castro, Cecilia Perez, Rene Medrano
Published by: Fitch Ratings
January 22, 2009
Microfinance Industry Update Excerpt (pdf)
Published by: Grassroots Capital Partners
December 2008
Microfinance on the Rise: A Socially Inspired Business Model About to Emerge into an Asset Class
Financial Services INSIGHT
Published by: Arthur D. Little
November 26, 2008
Who is Funding Microfinance: Results of the First Global Survey of Microfinance Funders' Portfolios (pdf)
Published by: CGAP
November 2008
2008 Microfinance Funder Survey: East Asia and the Pacific (pdf)
Published by: CGAP
November 2008
2008 Microfinance Funder Survey: Eastern Europe and Central Asia (pdf)
Published by: CGAP
November 2008
2008 Microfinance Funder Survey: Latin America and the Caribbean (pdf)
Published by: CGAP
November 2008
2008 Microfinance Funder Survey: Middle East and North Africa (pdf)
Published by: CGAP
November 2008
2008 Microfinance Funder Survey: South Asia (pdf)
Published by: CGAP
November 2008
2008 Microfinance Funder Survey: Sub-Saharan Africa (pdf)
Published by: CGAP
November 2008
A Brief Guide to the Law of Mission Investing for U.S. Foundations (pdf)
Mark Kramer and Anne Stetson
Published by: FSG Social Impact Advisors
October 2008
Microfinance Banana Skins 2008: Taking Stock (pdf)
David Lascelles
Published by: Center for the Study of Financial Innovation (CSFI)
October 2008
Microfinance Investment Funds - Analysis of Portfolio Impact
O. Oehri and J. Fausch
Geneva Papers on Inclusiveness, No. 6
Published by: World Microfinance Forum Geneva
October 2008
Recent Developments in Microfinance Foreign Exchange Risk Management
Julie Abrams
Geneva Papers on Inclusiveness, No. 7
Published by: World Microfinance Forum Geneva
October 2008
Islamic Microfinance: An Emerging Market Niche
Nimrah Karim, Michael Tarazi, and Xavier Reille
Published by: Consultative Group to Assist the Poor - CGAP
August 2008
The Microfinance Sector: Its Success Could be its Biggest Risk (pdf)
Sandra Hamilton, Lindsey Liddell, Mark Young, Peter Shaw, Alejandro Garcia, Arshad Khan, and Ambreesh Srivastava
Published by: Fitch Ratings
June 16, 2008
Compartamos Banco- Letter to our peers (pdf)
Carlos Danel & Carlos Labarthe
Published by: Compartamos
June 1, 2008
Financial Inclusion in Latin America and the Caribbean: Review and Lessons
Ricardo N. Bebczuk
Published by: Universidad Nacional de La Plata
May 2008
Linking Financial Service Providers to Commercial Capital: How Do Guarantees Add Value? (pdf)
CGAP Brief
Alexia Latortue and Jasmina Glisovic-Mezieres
Published by: CGAP
May 2008
Microfinance and Capital Markets: The Initial Listing/Public Offering of Four Leading Institutions
Ira W. Lieberman, Anna Anderson, Zach Grafe, Bruce Campbell and Daniel Kopf
Published by: CMEF
May 2008
Microfinance Meets the Market (pdf)
Published by: Financial Access Initiative
May 2008
Responsible Investment Landscape 2008: Asset Owners (pdf)
Published by: IPE International Publishers Ltd and Response Global Media Ltd
May 2008
Banco Compartamos: Market Leadership Sustained by Superior Efficiency
Partida, J. and de Mariz, F.
Published by: J P Morgan
April 2008
Microfinance Grows Up: Success Brings New Challenges for Investors, Practitioners, in Emerging Economies
Published by: Wharton School of the University of Pennsylvania
April 16, 2008
Subprime Lending: Lessons for the Microfinance Industry
Cecelia Beirne
Published by: MicroCapital
April 2008
Developing a Global Ratings Framework for Microfinance Institutions
Jane Eddy and Gary Kochubka
Published by: Standard & Poor's
March 11, 2008
Can Microfinance Reduce Portfolio Volatility?
Nicolas Krauss and Ingo Walter
Published by: New York University
March 10, 2008
Microfinance Banana Skins 2008 (pdf)
Deborah Drake, Philip Brown and Xavier Reille
Published by: Centre for the Study of Financial Innovation
March 2008
Foreign Capital Investment in Microfinance (pdf)
CGAP Focus #44
Xavier Reille and Sarah Forster
Published by: CGAP
February 2008
Globalization of Microfinance Markets: An Overview and Some Conditions for Success (pdf)
Jairo Morales - Nieto
Published by: InterAfrica
January 2008
The Market Led Revolution of Equity Bank (pdf)
MicroSave Briefing Note #63
Graham A.N. Wright and David Cracknell
Published by: MicroSave
2008
2007 CGAP Regional Funder Survey: Sub-Saharan Africa
Published by: Consultative Group to Assist the Poor - CGAP
2008
Morgan Stanley’s Approach to Assessing Credit Risks in the Microfinance Industry (pdf)
Miguel Arvelo, Ju-Lie Bell, Christian Novak, Juliette Rose and Shally Venugopal
Published by: Morgan Stanley
2008
Private Sector Involvement/Mainstreaming - How Can the Private Sector Become More Engaged in Housing Finance Solutions for the Poor? (pdf)
Lauren Moser
Published by: Shore Bank International
2008
Microfinance: An Emerging Investment Opportunity (pdf)
Raimar Dieckmann
Published by: Deutsche Bank
December 19, 2007
Mission Investing in Microfinance: A Program Related Investment (PRI) Primer and Toolkit (pdf)
Jonathan C. Lewis and Robert A. Wexler
Published by: MicroCredit Enterprises
July 2007
Bringing Microfinance to Scale: Lessons from the Compartamos IPO
María Otero, Elisabeth Rhyne, Lauren Burnhill and Álvaro Rodríguez Arregui
Published by: ACCION International
June 27, 2007
Report of The Microfinance Rating Meth
http://www2.standardandpoors.com/portal/site/sp/en/us/page.article/3,1,1,0,1148445218456.html
odology Working Group
Published by: Standard & Poor's
June 19, 2007
Microfinance: Taking Root in the Global Capital Markets (pdf)
Cynthia Stone
Published by: Standard & Poor's
June 7, 2007
New Horizons- Opportunities in Microfinance for the UK Financial Services Sector (pdf)
Alice Chapple, Vedant Walia and Steve Remer
Published by: Forum for the Future
June 1, 2007
The Banco Compartamos Initial Public Offering
Insight # 23
Elisabeth Rhyne and Andres Guimon
Published by: ACCION International
June 2007
CGAP Reflections on the Compartamos Initial Public Offering: A case study on Microfinance interest Rates and Profits (pdf)
Focus Note #42
Rich Rosenberg
Published by: CGAP
June 2007
Economic Information and Finance: More Information Means More Credit, Fewer Bad Loans and Less Corruption (pdf)
Roumeen Islam
Published by: World Bank
June 2007
Growing Investment in Microfinance (pdf)
Published by: CGAP
June 2007
The Investment Opportunity in Microfinance (pdf)
Published by: Grassroots Capital
June 2007
Microfinance by a Commercial Bank (pdf)
Barry P. Maddams
Published by: Khan Bank
May 10, 2007
Microfinance Cracking the Capital Markets II
InSight #22
Rekha Reddy
Published by: ACCION International
May 2007
Reversing the Coin (pdf)
Published by: Kreditanstalt für Wiederaufbau (KfW) and Financieringsmaatschappij voor Ontwikkelingslanden N.V. (FMO)
May 2007
The Role of International Capital Markets in Microfinance (pdf)
Brad Swanson
Published by: Developing World Markets
April 20, 2007
From Dollar to Dinar: The Rise of Local Currency Lending and Hedging in Microfinance
Julie Abrams and Louise Schneider-Moretto
Published by: Women's World Banking
2007
Structured Microfinance in China
Hans Bystrom
Published by: Lund University
2007
Back to Top
MIVs
MIV Performance and Prospects: Highlights from the CGAP 2009 MIV Benchmark Survey
Published by: CGAP
September 2009
Ends Meet: Current State and Future Prospects of European Pension Funds’ Investments in Microfinance
Published by: World Microfinance Forum
August 2009
MIV Disclosure Guidelines for Reporting on Performance Indicators (pdf)
Xavier Reille and Hannah Siedek
Published by: CGAP
September 3, 2008
The 2007 Microfinance Investment Vehicles Survey (pdf)
Published by: MicroRate
August 2008
MIV Roundtable (pdf)
Xavier Reille
Published by: CGAP
June 19, 2008
Microfinance Investment Vehicles (CGAP Brief) (pdf)
Xavier Reille and Ousa Sananikone
Published by: CGAP
April 2007
Back to Top
MFIs
Findings from Social Ratings: Poverty Outreach and Financial Exclusion
Published by: MicroFinanza Rating
2010
Findings from Social Ratings: Consumer Protection and Social Responsibility
Published by: MicroFinanza Rating
2010
Findings from Social Ratings: Social and Financial Performance
Published by: MicroFinanza Rating
2010
Policy Advocacy: A Toolkit for Microfinance Associations
Published by: Microfinance Gateway
2010
Morocco MFIs Confront Crisis and Strive for a Brighter 2010
Published by: CGAP
January 2010
Microfinance: Taking Root In The Global Capital Markets, Part 2
Published by: Standard & Poor's
September 2009
Loan Clauses That Bite - A guide to potentially dangerous covenants in common MFI loan agreements
Microfinance Voices
Marcus Fedder
Published by: Microfinance Gateway
June 5, 2009
Before The Crisis: A Look At MFI Trends in 2005-2007
Published by: Microfinance Information Exchange, Inc
2009The Social Performance Reports
Social Performance Task Force
Published by: Microfinance Information Exchange, Inc
May 2009
Trend Lines 2005 - 2007 MFI Benchmarks
MFI Trends Benchmark Series
Published by: Microfinance Information
Exchange, Inc
May 2009
Cautious Resilience: The Impact of the Global Financial Crisis on Latin American and Caribbean Microfinance Institutions
Stauffenberg, S., Stauffenberg, D., Brown, S. & Effio, M.
Published by: MicroRate
March 2009
Asia Microfinance Analysis and Benchmarking Report 2008
Published by: Microfinance Information Exchange (The MIX)
March 2009
Arab Microfinance Analysis and Benchmarking Report, 2008
Published by: Microfinance Information Exchange – MIX and Arab Microfinance Network - Sanabel
February 2009
A Study Analyzing the Effects of Food and Fuel Inflation on Microfinance Institutions and Borrowers
Rahman, R.
Published by: U.S. Agency for International Development
January 2009
Setting Standards and Sticking to Them: When Microfinance Network NGOs Decide to Exit
Financial Services Working Group: Focus Note
Elissa McCarter and Andree Simon
Published by: SEEP Network
December 30, 2008
Financial Crisis in Asia and the Pacific Region: Its Genesis, Severity and Impact on Poverty and Hunger
Imai Katsushi, Gaiha Raghav. and Thapa Ganesh
Published by: The University of Manchester
November 2008
CreditWeek: The Global Authority on Credit Quality (pdf)
Published by: Standard & Poor’s
November 19, 2008
Microfinance Institutions: Changing Strategies for Changing Times
Andrea M Esposito, Gary Kochubka, Nelun Wijeyeratne
Published by: Standard & Poor's
November 6, 2008
Transversal Analysis of MFI Performance in Africa
Published by: African Microfinance Transparency (AMT)
September 2008
Championship League 2008: MIX Latin America & Caribbean 100 (pdf)
Microenterprise Americas
Published by: Microfinance Information Exchange, Inc
Fall 2008
Microfinance Institutions ─ Factors in Risk Assessment (pdf)
Sandra Hamilton, Lindsey Liddell and Mark Young
Published by: Fitch Ratings
June 12, 2008
Transforming NGO MFIs: Critical Ownership Issues to Consider (pdf)
Occasional Paper #13
Kate Lauer
Published by: CGAP
June 2008
2007 MIX Asia 100: Ranking of Microfinance Institutions
Published by: Microfinance Information Exchange, Inc and the Asian Development Bank
Reprinted with Permission
April 2008
Attracting Microfinance Investment Funds: Promoting Microfinance Growth through Increased Investments in Kenya
Jeffrey Ben Matu
Published by: Duke University
April 2008
The Role of Staff Incentive Schemes in Balancing Social and Financial Goals: Evidence From Four MFIs (pdf)
Carlos Martin
Published by: MicroFinance Network and CGAP
March 2008
Microfinance in Russia: Benchmarks and Analysis 2006 (pdf)
Published by: Russian Microfinance Center & Microfinance Information Exchange, Inc
Reprinted with Permission
February 2008
Central Asia Benchmarking Report 2006 (pdf)
Published by: Central Asia Microfinance Center, CGAP & Microfinance Information Exchange, Inc
Reprinted with Permission
February 2008
The Top 50 MFIs
Matthew Swibel
Published by: Forbes
January 7, 2008
Africa Microfinance Analysis and Benchmarking Report 2008
Published by: CGAP and Microfinance Information Exchange - the MIX
2008
Benchmarking Azerbaijan Microfinance 2006 (pdf)
Published by: Azerbaijan Microfinance Association and the Microfinance Information Exchange, Inc
Reprinted with Permission
2008
Reflecting on Kenya’s Post-Election Crisis (pdf)
F. Jena
Published by: Microfinance Gateway
2008
2007 Mix Global 100: Ranking of Microfinance Institutions (pdf)
Blaine Stephens
Published by: Microfinance Information Exchange, Inc
Reprinted with Permission
December 2007
Cambodia Microfinance Performance Trends 2003-2007 (pdf)
Published by: Microfinance Information Exchange, Inc
Reprinted with Permission
November 2007
MFI Capital Structure Decision Making (pdf)
CGAP Brief
Rani Deshpande, Camilla Nestor and Julie Abrams
Published by: CGAP
August 2007
Benchmarking Latin American Microfinance 2006
Gehrke, M. & Martínez, R.
Published by: Microfinance Information Exchange (MIX)
November 2007
From Dollar to Dinar: The Rise of Local Currency Lending and Hedging in Microfinance
Julie Abrams and Louise Schneider-Moretto
Published by: Women's World Banking
2007
MicroBanking Bulletin: 2007 Benchmarks
Published by: Microfinance Information Exchange, Inc.
2007
Microfinance and Public Policy-Outreach, Performance and Efficiency
Edited by: Bernd Balkenhol
Published by: Palgrave Macmillan
2007
The following articles were published more than two years ago.
IAMFI's search function will only capture items that reside on the IAMFI website. If your search turns up no results the article may be included in the Research section as a link to another website. To locate any article on this page type Ctrl+F and enter its title, author, publisher, or date of publication.
Microfinance Overview
Microfinance Investing
MIVs
MFIs
Back to Top
Microfinance Overview
A Second Look at Microfinance: The Sequence of Growth and Credit in Economic History (pdf)
Thomas Dichter
Published by: The Cato Institute
This electronic report is copyrighted by and courtesy of the Cato Institute.
February 15, 2007
Employment, Not Microcredit, is the Solution (pdf)
Aneel Karnani
Published by: University of Michigan
November 12, 2006
Millions for Millions
Connie Bruck
Published by: The New Yorker
October 30, 2006
New Opportunities in Pro-Poor Finance (pdf)
Roger Frank
Published by: Developing World Markets
October 24, 2006
Microfinance: The Role of a Commercial Bank (ppt)
Onno Mulder
Published by: ABN AMRO
February 2006
The Growth of Commercial Microfinance 2004–2006
Published by: CMEF
2006
Understanding and Assessing the Demand for Microfinance (pdf)
Graham A.N. Wright
Published by: MicroSave
June 20, 2005
Basel II and Microfinance: Exercising National Prerogatives
Kathryn Imboden
Published by: Women’s World Banking
April 2005
Currency Risk in Microfinance (pdf)
Published by: MicroCapital Institute
2005
Public Investor Microfinance Portfolio (pdf)
Xavier Reille, Hannah Siedek and Nicole Pasricha
Published by: CGAP
2005
Microfinance Consensus Guidelines: Guiding Principles on Regulation and Supervision of Microfinance
Robert Peck Christen, Timothy R. Lyman, Richard Rosenberg
Published by: CGAP
2003
Back to Top
Microfinance Investing
FIs: Crowding Out or Crowding In? An Online Debate - Summary (pdf)Published by: The Microfinance Gateway
March 30, 2007
MIVs and DFI Investment Examined
Elizabeth Littlefield
Published by: CGAP
March 2007
Are Public Development Institutions Crowding Out Private Investment in Microfinance? (pdf)
MF Insights
Julie Abrams and Damian von Stauffenberg
Published by: MicroRate
February 2007
Guaranteed Loans to Microfinance Institutions: How Do They Add Value? (pdf)
Focus Note #40
Mark Flaming
Published by: CGAP
January 2007
Threefold increase in microfinance investment funds signals boom in foreign capital investments
Published by: CGAP
January 2007
Microfinance Investor Roundtable: Major Themes & Next Steps (pdf)
Patricia Lee Devaney
Published by: Omidyar Network and SEEP Network Microfinance Investor Roundtable
December 2006
Making the Transition to Private Capital (pdf)
Marc de Sousa Shields and Brad King
Published by: USAID
November 2006
Microfinance Investment Vehicles: An Emerging Asset Class (pdf)
MF Insights
Published by: MicroRate
November 2006
Five Strategies to Minimize Foreign Exchange Risk for Microfinance Institutions
Tillman Bruett
Published by: Omidyar Network and SEEP Network Microfinance Investor Roundtable
October 25, 2006
Secondary Market Transactions: Issues and Lessons (pdf)
Published by: Gray Matters Capital for the Omidyar Network and SEEP Network Microfinance Investor Roundtable
October 25, 2006
Foreign Exchange Risk in Microfinance (pdf)
Ann Miles
Published by: Blue Orchard Finance S.A. for the Omidyar Network and SEEP Network Microfinance Investor Roundtable
October 24-25, 2006
Optimizing Capital Supply in Support of Microfinance Industry Growth (pdf)
Dr. Tilman Ehrbeck
Published by: Omidyar Network and SEEP Network Microfinance Investor Roundtable
October 24-25, 2006
Good Practice Guidelines for Funders of Microfinance (pdf)
Published by: CGAP
October 1, 2006
Blended Value Investing: Capital Opportunities for Social and Environmental Impact (pdf)
Published by: World Economic Forum
March 2006
Foreign Exchange Risk Mitigation Techniques - Structure and Documentation: A Technical Guide for Microfinance Institutions (pdf)
Published by: CGAP
2006
Foreign Exchange Rate Risk in Microfinance: What is it and How Can it be Managed? (pdf)
Focus Note #31
Scott Featherston, Elizabeth Littlefield and Patricia Mwangi
Published by: CGAP
2006
Who Will Buy Our Paper: Microfinance Cracking the Capital Markets? The Realities of Linking Microfinance to Local and International Capital Markets
InSight #18
Rekha Reddy and Elisabeth Rhyne
Published by: ACCION International
2006
Due Diligence Guidelines for the Review of Microcredit Loan Portfolios: A Tiered Approach
Robert Peck Christen
Published by: CGAP
June 2005
Microbanking Bulletin-Special Edition on Financing: The Scope of Funding Mechanisms (pdf)
Issue No. 11
Published by: The Microfinance Information Exchange, Inc.
May 2005
Up from Sin: A Portfolio Approach to Financial Salvation (pdf)
Dodd, Randall and Shari Spiegel
Published by: United Nations Conference on Trade and Development
January 2005
Tapping Financial Markets for Microfinance
Published by: Grameen Foundation
2005
Foreign Exchange Risk Management in Microfinance
Rocio Cavazos
Published by: Women's World Banking
2004
Foreign Investment in Microfinance: Debt and Equity from Quasi-Commercial Investors (pdf)
Focus Note No. 25
Gautam Ivatury, Xavier Reille
Published by: CGAP
January 2004
Foreign Exchange Risk Management Practices of Microfinance Institutions. (pdf)
Peter R. Crabb
Published by: BYU Journal of Microfinance
2004
Foreign Exchange Risk and Microfinance Institutions
Paul Holden and Sarah Holden
Published by: MicroRate and Enterprise Research Institute
2004
Characteristics of Equity Investment in Microfinance
Jim Kaddaras and Elisabeth Rhyne
Published by: CMEF
2004
Back to Top
MIVs
MIVs and DFI Investment ExaminedElizabeth Littlefield
Published by: CGAP
March 2007
Microfinance Investment Vehicles: An Emerging Asset Class (pdf)
MF Insights
Published by: MicroRate
November 2006
Review of Microfinance Investment Vehicle Market (ppt)
Sebastian von Stauffenberg
Published by: MicroRate
October 23, 2006
Commercial Microfinance Investments - The Experience of BlueOrchard Finance (pdf)
Jean-Philippe de Schrevel
Published by: BlueOrchard
March 2006
MFIs
Guaranteed Loans to Microfinance Institutions: How Do They Add Value? (pdf)
Focus Note #40
Mark Flaming
Published by: CGAP
January 2007
Five Strategies to Minimize Foreign Exchange Risk for Microfinance Institutions
Tillman Bruett
Published by: Omidyar Network and SEEP Network Microfinance Investor Roundtable
October 25, 2006
Where are They Now? Learning from the Progress of Seven Microfinance Deposit–taking Institutions from 1996–2003 (pdf)
Ruth Goodwin-Groen
Published by: CGAP
2006
How Should Microfinance Institutions Best Fund Themselves?
Felipe Portocarrero Maisch, Alvaro Tarazona Soria, Glenn D. Westley
Published by: Inter-American Development Bank
November 2006
Microfinance in Brazil - A Commercial Bank View (ppt)
Flavio J. Weizenmann
Published by: ABN AMRO
February 2006
Commercial Loan Agreements: A Technical Guide for Microfinance Institutions
Published by: CGAP
2006
Foreign Exchange Rate Risk in Microfinance: What is it and How Can it be Managed? (pdf)
Focus Note #31
Scott Featherston, Elizabeth Littlefield and Patricia Mwangi
Published by: CGAP
2006
Foreign Exchange Risk Mitigation Techniques - Structure and Documentation: A Technical Guide for Microfinance Institutions (pdf)
Published by: CGAP
2006
Microfinance Institutions and Foreign Exchange Risk: The Experience of ACCION’s Latin American Affiliates
InSight #16
Catalina Sicard
Published by: ACCION International
2006
The Practice of Corporate Governance in Shareholder-Owned Microfinance Institutions
Published by: CMEF
May 2005
Strategies for Financial Integration: Access to Commercial Debt
Louise Schneider-Moretto and Greta Greathouse
Published by: Women's World Banking
July 2004
Foreign Exchange Risk Management in Microfinance
Rocio Cavazos
Published by: Women's World Banking
2004
Foreign Exchange Risk and Microfinance Institutions
Paul Holden and Sarah Holden
Published by: MicroRate and Enterprise Research Institute
2004
Foreign Exchange Risk Management Practices of Microfinance Institutions. (pdf)
Peter R. Crabb
Published by: BYU Journal of Microfinance
2004
Member Login
