Social Efficiency in Microfinance Institutions

Mar Molinero, Cecilio and Gutierrez-Nieto, Begona and Serrano-Cinca, Carlos (2009) Social Efficiency in Microfinance Institutions. Journal of the Operational Research Society, 60 . pp. 104-119. ISSN 0160-5682 . (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1057/palgrave.jors.2602527

Abstract

Microfinance institutions (MFIs) are a special case in the financial world. They have a double financial and social role and need to be efficient at both. In this paper, we try to measure the efficiency of MFIs in relation to financial and social outputs using data envelopment analysis. For the analysis of financial efficiency, we rely on existing literature for traditional financial institutions. To this we have added two indicators of social performance: impact on women and a poverty reach index. We have studied the relationship between social and financial efficiency, and the relationship between efficiency and other indicators, such as profitability. Other aspects studied are the relation between social efficiency and type of institution-Non-Governmental Organization (NGO)-, non-NGO, and the importance of geographical region of activity. The results reveal the importance of social efficiency assessment.

Item Type: Article
Uncontrolled keywords: data envelopment analysis; microfinance institutions (MFIs); social efficiency; banking; microcredit; developing countries
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculties > Social Sciences > Kent Business School > Management Science
Depositing User: Jennifer Knapp
Date Deposited: 01 Sep 2010 11:24
Last Modified: 30 May 2014 10:00
Resource URI: http://kar.kent.ac.uk/id/eprint/25435 (The current URI for this page, for reference purposes)
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