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Norms and values of the various microfinance institutions
The paper aims to study the role of norms and values in the microfinance sector. The paper provides a combination of narrative with argument and analysis. Findings - A classification of the sector is proposed, mapping the institutions along two axes: the profit motive (profit vs not-for-profit) and...
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| Formáid: | Printed Book |
| Foilsithe: |
International Journal of Social Economics Vol. 35 No. 1/2, 2008 pp. 35-48
2008
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| Ábhair: | |
| Rochtain Ar Líne: | http://10.26.1.76/ks/003186.pdf |
| LEADER | 017230000a22001450004500 | ||
|---|---|---|---|
| 100 | |a Marek Hudon | ||
| 245 | |a Norms and values of the various microfinance institutions | ||
| 260 | |c 2008 | ||
| 260 | |b International Journal of Social Economics Vol. 35 No. 1/2, 2008 pp. 35-48 | ||
| 520 | |a The paper aims to study the role of norms and values in the microfinance sector. The paper provides a combination of narrative with argument and analysis. Findings - A classification of the sector is proposed, mapping the institutions along two axes: the profit motive (profit vs not-for-profit) and the decision-making style (centralized vs un-centralized). Some microfinance institutions base their interactions on rigid norms or rules; while others are based on values. It is argued that the private sector will tend to produce the operating rules of the microfinance system while the not-for-profit institutions that are using an inclusive decision-making process are more likely to influence the ethical norms in the sector. Nevertheless, this classification is not static as recent events in South-India shows that norms, such as the interest rates, can be politically and emotionally invested to the point that they are about to become values in the sector. Originality/value - The conclusions drawn help in understanding the interactions between the various actions in microfinance. Exploiting the full range of the possibilities of those different structures may be valuable for a fully successful development in India | ||
| 650 | |a VALUE FINANCIAL INSTITUTIONS ANALYSIS | ||
| 856 | |u http://10.26.1.76/ks/003186.pdf | ||
| 942 | |c KS | ||
| 999 | |c 72574 |d 72574 | ||
| 952 | |0 0 |1 0 |4 0 |7 0 |9 64538 |a MGUL |b MGUL |d 2015-08-01 |l 0 |r 2015-08-01 |w 2015-08-01 |y KS | ||