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Business practices for sustaining performance of microfinance institutions: a literature review


Zuru, Nasiru Liman and Hashim, Mohd Khairuddin and Arshad, Darwina (2016) Business practices for sustaining performance of microfinance institutions: a literature review. International Journal of Management Research & Review, 6 (8). pp. 1000-1011. ISSN 2249-7196

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Abstract

Microfinance institutions (MFIs) play a significant role in the financial industry in developed and developing countries.These institutions are known for their social and economic contributions in many countries. Notwithstanding their social as well as economic importance, information and research on MFIs remained not only limited but rather also attracted fragmented research interest.Despite their pivotal role in the financial industry, the literature indicates minimal theoretical as well as empirical studies on business practices adopted by MFIs.Drawing from the review of the literature and past studies, this paper specifically identifies and reviews five business practices that are considered essential to the performance as well as financial viability of MFIs.

Item Type: Article
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HG Finance
Divisions: School of Business Management
Depositing User: Prof. Dr. Mohd. Khairuddin Hashim
Date Deposited: 13 Mar 2017 08:26
Last Modified: 13 Mar 2017 08:26
URI: http://repo.uum.edu.my/id/eprint/21372

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