Microfinance Institutions in Nigeria: Issues and Research Areas

Zuru, Nasiru Liman; Hashim, Mazlan; Arshad, Darwina

doi:10.5901/mjss.2016.v7n2s1p455

Cited by 5 publications

(6 citation statements)

References 10 publications

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“…Group lending is a common type of microfinance loan where the group represents a borrower (Zuru, Hashim, & Arshad, 2016). The loan is disbursed to a group and members of the group, usually four to ten individuals, are responsible for the repayment of the loan (Chetty, 2017) Members of such groups mostly include farmers, labourers, tenants and other rural workers.…”

Section: Nature Of Lending In Mfismentioning

confidence: 99%

Microfinance institutions’ operational self-sufficiency in sub-Saharan Africa: empirical evidence

Remer

Kattilakoski

2021

Int J Corporate Soc Responsibility

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The topic of financial sustainability in microfinance institutions has become more important as an increasing number of Microfinance Institutions (MFIs) seek operational self-sufficiency, which translates into financial sustainability. This study aims to identify factors that drive operational self-sufficiency in microfinance institutions. To accomplish this, 416 MFIs in sub-Saharan Africa are studied and several drivers for operational self-sufficiency are empirically analyzed. Results indicate that these drivers are return on assets, and the ratios total expenses/assets and financial revenues/assets. The results imply that MFIs should encourage cost-management measures. They also reveal that there may not be a significant tradeoff in self-sufficiency and outreach. These findings will enable microfinance institutions worldwide to sharpen their institutional capabilities to achieve operational self-sufficiency and also provide policymakers with more focused tools to assist industry development.

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Section: Nature Of Lending In Mfismentioning

confidence: 99%

Microfinance institutions’ operational self-sufficiency in sub-Saharan Africa: empirical evidence

Remer

Kattilakoski

2021

Int J Corporate Soc Responsibility

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“…ICT creates tremendous opportunities for micro-enterprises specifically by making it possible for them to be part of a network (Martins, 2016), which ensures that there is more direct communication. In this regard, technology enhances the competitiveness (Linton and Solomon, 2017) of a small business, including its survival, profitability, and the future creditworthiness (Zuru et al, 2016).…”

Section: Technology Orientationmentioning

confidence: 99%

Technology and government regulation: A conceptual perspective of entrepreneurial orientation on creditworthiness of micro-enterprises

Zachary¹,

Ndemo²,

Ogollah³

2020

Afr. J. Bus. Manage.

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Owing to globalization, enterprises continue to face increasing pressure from competition across the globe. When compounded with the changing needs of customers, complex business uncertainty and market instability, it becomes apparent that enterprises face increasing challenges in improving and maintaining business performance over time unless they actively manage these pressures. Entrepreneurs need to embrace an entrepreneurial mindset to recognize the threats and opportunities in their environs to ensure that their enterprises find a place in the financial sector and access to credit with ease. Entrepreneurial Orientation (EO) is often pointed out as an antecedent of competitive advantage, growth and superior performance. However, the question that remains unanswered is what effect EO has on firm creditworthiness in the face of government regulation and technological factors. This study aimed at establishing how EO impact on the creditworthiness of an enterprise. This is a conceptual study with a detailed literature review of the constructs. The review concludes that EO is a determinant of creditworthiness thus a driver of performance in microenterprises. Government regulations and technology are key in ensuring that EO has optimal effect on creditworthiness.

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“…This study will compliment prior works exploring integration of multiple logics in microfinance institutions as well as offer the basis for further investigations on microfinance institutions from the dual objective's perspective. It equally responds to the call for investigations focused on understanding the effectiveness of different types of microfinance institutions operating in different contexts (Casselman et al 2015;Zuru et al, 2016).…”

Section: Statement Of Purposementioning

confidence: 97%

“…Similarly, there is a conspicuous absence in the microfinance literature of studies applying governance and organizational theories to investigating the double bottom line objective of microfinance institutions (Battilana & Dorado, 2010;Zuru et al, 2016). evidence of hybridity (organizations with multiple logics that entails the combination of identities and institutional logics).…”

Section: Studies On Institutional Logics In Related Fieldsmentioning

confidence: 99%

“…This study responded to the need to examine the influence of integrated frameworks and context, the conditions under which the double bottom line goal can be achieved and the relationships between a microfinance institution and her stakeholders combining competing goals (Jayashankar et al, 2018;Zuru et al, 2016). In particular, the study investigated how Chikum MFB Ltd -a faith-backed for-profit microfinance banknavigates the potentially competing objectives of social and financial goals.…”

Section: Concluding Thoughtsmentioning

confidence: 99%

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Institutional Logics and the Double Bottom Line: A Study of Chikum Microfinance Bank Limited

Anyanwu¹

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Microfinance institutions (MFIs) serve a social mission, while also having to focus on financial sustainability. Microfinance emerged as an alternative to traditional aid to the poor and aims to help alleviate poverty through providing them with financial services. MFIs can be self-sustainable and even profitable through income generating activities. This twin goal of commercial viability and social mission has generated much scholarly interest in the competition between two seemingly incompatible logics of action. Assumptions about the incompatibility of profit and mission motives have dominated the literature and led to a neglect of how some MFIs may be successful in integrating both logics. This study elaborates on the specific actions and processes Chikum MFB Ltd,-a microfinance bank located in Owerri, Nigeria took to balance 'nonprofit' and 'for-profit'

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Microfinance Institutions in Nigeria: Issues and Research Areas

Abstract: Microfinance institutions (MFIs)

Cited by 5 publications

References 10 publications

Microfinance institutions’ operational self-sufficiency in sub-Saharan Africa: empirical evidence

Microfinance institutions’ operational self-sufficiency in sub-Saharan Africa: empirical evidence

Technology and government regulation: A conceptual perspective of entrepreneurial orientation on creditworthiness of micro-enterprises

Institutional Logics and the Double Bottom Line: A Study of Chikum Microfinance Bank Limited

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