Rentabilidad y desempeño social de las entidades microfinancierasevidencia empírica de relaciones entre distintos tipos de variables

  1. Gutiérrez Goiria, Jorge
  2. Goytisolo, Beatriz
Journal:
Revista de economía mundial

ISSN: 1576-0162

Year of publication: 2011

Issue: 27

Pages: 189-214

Type: Article

More publications in: Revista de economía mundial

Abstract

Microfinance is often considered a �double bottom line� sector, which refers to organizations that take care of their financial side and their social responsibility, trying to give minimum coverage to both. An optimistic vision of microfinance programs as a new key for development considered that they had, in themselves, an important social value. This paper contributes to the study of the relations between variables linked to social and financial purposes of a wide database of Microfinance Institutions. The data reflect large differences between the entities, but no relation is found between the size, profitability and social performance of institutions.

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