Microfinance institutions fostering sustainable development
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Show full item recordcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
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https://doi.org/10.1002/sd.1731 |
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Title
Microfinance institutions fostering sustainable developmentDate
2018Publisher
WileyISSN
0968-0802; 1099-1719Bibliographic citation
GARCÍA‐PÉREZ, Icíar; MUÑOZ‐TORRES, María Jesús; FERNÁNDEZ‐IZQUIERDO, María Ángeles. Microfinance institutions fostering sustainable development. Sustainable Development, 2018Type
info:eu-repo/semantics/articlePublisher version
https://onlinelibrary.wiley.com/doi/full/10.1002/sd.1731Version
info:eu-repo/semantics/publishedVersionSubject
Abstract
The microfinance sector is considered an important contributor to the expansion of formal financial systems. It plays a significant role in sustainable development. Microfinance institutions (MFIs) as key actors in ... [+]
The microfinance sector is considered an important contributor to the expansion of formal financial systems. It plays a significant role in sustainable development. Microfinance institutions (MFIs) as key actors in the microfinance sector require an organizational management framework that facilitates sustainable growth. The objective of this study is to define a balanced MFI sustainability approach that considers financial, environmental, social and governance dimensions as equally important. Through a clustering process, this research establishes the relationship between the various sustainability indicators provided by MixMarket, and it determines different MFI sustainability profiles. This research uses the Kruskal–Wallis method to characterize each group based on outreach, financial and risk indicators. The results show that there is no balance between the different sustainability areas, and lead to the conclusion that it is necessary to promote an integrative approach to foster sustainability management practices in the microfinance industry. [-]
Is part of
Sustainable Development, 2018, p. 1-14Investigation project
European Union's Horizon 2020 Research and Innovation Programme, Grant/Award Number: 693642Rights
Copyright © 2018 John Wiley & Sons, Ltd and ERP Environment
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This item appears in the folowing collection(s)
- COFIN_Articles [218]