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Organizational framework for microfinance success? Structural elements of microfinance institutions
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Microfinance (MF) is a relatively young and somewhat ambiguous concept. The phenomenon has, however, proven to contribute to making the lives better for many poor people whist being financially sustainable, thus the interest for the industry has grown substantially. The increased attention has stimulated various types of organizations to enter the market, some achieving astonishing results both in financial and social performance. This study aims to map the organizational framework that associate MF institutions (MFIs), using successful sustainable organizations with different business models as references. Literature does not provide comprehensive and practical tool to define qualitatively the internal structuring of MF institutions, but allowed the collection of methodologies and successful cases to discover a central thread within their organizational frameworks.
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MF MF institutions Organizational framework Structural elements Successful cases.