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Publication

Commercialization and Mission Drift: Transformation in Latin America

This Occasional Paper examines the impact of commercialization and increased competition on the strategy and performance of microfinance institutions in Latin America, with particular focus on "mission drift"-- whether or not commercialization drives MFIs to deviate from their original missions.
Publication

Microfinance and Risk Management: A Client Perspective

As the microfinance industry matures, service providers are increasingly concerned with developing new and better products. This focus on new product development is a response to growing competition in the microfinance market, the search for more defined market niches, and some anxiety about dropout rates.
Publication

The Challenge of Growth for Microfinance:The BancoSol Experience

This note focuses on the financial and management challenges MFIs face as they grow and formalize.