Beschreibung
This study examines the determinants of financial
performance of microfinance institutions (MFIs) against the
backdrop of the public and academic debate over the
financial and social implications of microfinance. In the
absence of a conceptual model, this study chooses an
inductive research approach with the objective of defining
and developing a conceptual model with the capacity to
explain, quantify and compare the performance of MFIs. The
research is particularly relevant in the African context
where microloan interest rates regularly exceed 100 percent
per annum and where the microfinance industry is lacking
behind its global peers in regard to financial and social
performance.
Johannes Flosbach works for a large Nigerian
company. During his research time he was a management
consultant with Roland Berger and Bain & Co.
