La Microfinance Est-Elle Socialement Responsable ? Introduction

Lapenu, Cécile; Doligez, François

doi:10.3917/rtm.197.0005

Cited by 8 publications

(4 citation statements)

References 2 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Due to the constraints of an often costly retail business striving to be sustainable 23 , microfinance interest rates are significantly higher than traditional bank loans, as evidenced by the average portfolio yields above 24 . This paradox elicits heated debate as to their fairness and the poor's capacity to support such costs, especially when they lead to significant gains for MFIs 25 . Microfinance's supporters point out the prohibitive cost of the alternatives available to the poor, such as moneylenders.…”

Section: Poverty Champions or Loan Sharks?mentioning

confidence: 99%

Co-optation, Cooperation or Competition? Microfinance and the new left in Bolivia, Ecuador and Nicaragua

Bédécarrats¹,

Bastiaensen²,

Doligez³

2012

Third World Quarterly

Self Cite

View full text Add to dashboard Cite

The last decade has been marked by the resurgence of leftist political movements across Latin America. The rise of the 'New Left' masks the ambivalent relationships these movements have with broader society, and their struggle to find an alternative to the prevailing development model. Across the continent, the microfinance sector, filling the void left by failed public banks, has grown significantly under an increasingly commercial form. Analysis of Nicaragua, Ecuador and Bolivia reveals that the new governments share a common distrust of microfinance. Yet, in the absence of viable alternatives for financial service provision, governments and microfinance stakeholders are forced to coexist. The environment in which they do so varies greatly, depending on local political and institutional factors. Some common trends can nevertheless be discerned. Paradoxically, the sector seems to be polarized into two competing approaches which reinforce the most commercially-oriented institutions on the one hand, and the most subsidized ones on the other, gradually eliminating the economically viable microfinance institutions which have tried to strike a balance between social objectives and the market.

show abstract

Section: Poverty Champions or Loan Sharks?mentioning

confidence: 99%

Co-optation, Cooperation or Competition? Microfinance and the new left in Bolivia, Ecuador and Nicaragua

Bédécarrats¹,

Bastiaensen²,

Doligez³

2012

Third World Quarterly

Self Cite

View full text Add to dashboard Cite

show abstract

“…Faced with this situation, innovations have been structured in recent years to bring out socially responsible microfinance (Gué rin et al, 2009). Tools for evaluating and managing social performance (target audience, adaptation and quality of services, economic and social benefits for customers, etc.)…”

Section: Literature Review On Csr and Financial Performance In Microfinancementioning

confidence: 99%

The Influence of CSR Practices on the Financial Performance of Microfinance Institutions in Togo

Gadedjisso-Tossou¹,

Bodjona²,

Aboudou³

et al. 2021

IJEF

View full text Add to dashboard Cite

Microfinance pursues a dual objective: reduce poverty (social performance) and ensure lasting profitability (financial performance). However, beyond these two performances, microfinance institutions (MFIs) have a social responsibility (CSR) towards their stakeholders. The main objective of this article is to measure the influence of the CSR practices of Togolese MFIs on their financial performance. The analysis is conducted over a sample of 60 Togolese MFIs, using the principal component analysis and generalized least squares techniques. The results show that CSR through the dimensions customer, employees and community positively and significantly impact on the financial performance of MFIs when measured by ROA, while the environment dimension has a negative significant influence.

show abstract

“…Debido a la estructura de costos de una actividad al por menor (Rosenberg González & Narain, 2009), ser una IMF económicamente viable implica cobrar tasas de interés significativamente más altas que las de los bancos tradicionales, como evidencian los rendimientos promedios de portafolio listados arriba 3 . Esta paradoja provoca debates acalorados sobre cuán justos son estos intereses y la capacidad de los pobres de cubrir tales costos, en especial cuando éstos conllevan a ganancias significativas para las IMF (Guérin, Lapenu & Doligez, 2009). Los partidarios de las microfinanzas señalan los precios prohibitivos de las otras opciones disponibles para los pobres, tales como prestamistas.…”

Section: ¿Campeones De La Lucha Contra La Pobreza O Usureros?unclassified

Cooptación, cooperación o competencia? Microfinanzas y nuevas izquierdas en Bolivia, Ecuador y Nicaragua

Bédécarrats¹,

Bastiaensen

Doligez

2013

Encuentro

Self Cite

View full text Add to dashboard Cite

La última década ha estado marcada por el resurgimiento de movimientos políticos izquierdistas en Latinoamérica. Sin embargo, la magnitud del alzamiento de estas "nuevas izquierdas" oculta a menudo la relación ambivalente entre estos movimientos y la sociedad, así como su lucha por encontrar alternativas al modelo de desarrollo prevaleciente. A lo largo del continente, el sector de las microfinanzas ha llenado el vacío dejado por los fallos de los bancos públicos, desarrollándose bajo una forma crecientemente comercial. Análisis de Nicaragua, Ecuador y Bolivia revelan que los nuevos gobiernos comparten su desconfianza hacia las IMF (instituciones de microfinanzas). Sin embargo, en la ausencia de alternativas viables para la provisión de servicios financieros, los gobiernos y las microfinanzas se ven obligados a coexistir. El medio en el cual lo hacen varía grandemente, dependiendo de políticas locales y factores institucionales. No obstante, algunas tendencias comunes pueden ser discernidas.Palabras clave: microfinanzas / desarrollo / izquierda / movimientos sociales / economía política

show abstract

La Microfinance Est-Elle Socialement Responsable ? Introduction

Cited by 8 publications

References 2 publications

Co-optation, Cooperation or Competition? Microfinance and the new left in Bolivia, Ecuador and Nicaragua

Co-optation, Cooperation or Competition? Microfinance and the new left in Bolivia, Ecuador and Nicaragua

The Influence of CSR Practices on the Financial Performance of Microfinance Institutions in Togo

Cooptación, cooperación o competencia? Microfinanzas y nuevas izquierdas en Bolivia, Ecuador y Nicaragua

Contact Info

Product

Resources

About