{"title":"MFIs as motivated agents or financial maximizers? Latin American evidence from female portfolio share","authors":"R. Leite, Jamil Civitarese","doi":"10.3362/1755-1986.18-00018","DOIUrl":null,"url":null,"abstract":"We show that there is no causal relation between the percentage of female borrowers in an MFI portfolio and MFI financial outcomes, by using two Latin American samples. Moreover, we present evidence that MFIs are motivated agents that increase their percentage of female borrowers in order to help a segment of the population that is largely neglected. We also show the important role of non-profit MFIs in this regard.","PeriodicalId":39025,"journal":{"name":"Enterprise Development and Microfinance","volume":"1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Enterprise Development and Microfinance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3362/1755-1986.18-00018","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 1
Abstract
We show that there is no causal relation between the percentage of female borrowers in an MFI portfolio and MFI financial outcomes, by using two Latin American samples. Moreover, we present evidence that MFIs are motivated agents that increase their percentage of female borrowers in order to help a segment of the population that is largely neglected. We also show the important role of non-profit MFIs in this regard.
期刊介绍:
EDM encourages critical thinking on how market systems can be more inclusive and sustainable, with concrete implications for designing, implementing, and evaluating business support programmes. EDM is essential reading for practitioners, researchers, donors, policymakers, and finance specialists engaged in market-related activities involving poor people in the global South. The coverage includes but is not restricted to: • Financial inclusion (inclusive financial services and products) • Emerging financing models (impact investment, responsible finance, social lending) • Value chain analysis and development • Inclusive business models • Equity (gender, youth, marginalized) in access to financial services and value chains • Political and regulatory framework for SME development and financial services • ICT for business development and financial services • Sustainability standards • Advisory services for SMEs • Impact assessment.