Logo
Munich Personal RePEc Archive

Commercial Microfinance and Social Responsibility: A Critique

Nair, Tara (2010): Commercial Microfinance and Social Responsibility: A Critique. Published in: Economic and Political Weekly , Vol. XLV, No. 31 (31 July 2010): pp. 32-37.

[thumbnail of MPRA_paper_24412.pdf]
Preview
PDF
MPRA_paper_24412.pdf

Download (100kB) | Preview

Abstract

Working within the logic of maximising investor returns, the strategic focus of Indian microfinance institutions seems to have shifted from serving the poor borrowers to chasing profits. The commercial transformation of MFIs has been accompanied by changes in the structure of ownership, management and nature of their stakeholder commitment. This essay discusses some of the critical inadequacies in the approaches advocated and currently practised by the commercial MFIs in order to restore the sector’s focus on poor borrowers.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.