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Is Mission Drift Proving To Be More Successful For Microfinance Institutions In South Asia During Financial Crisis Period?
A question facing Microfinance Institutions (MFIs) is that if they can attract commercial capital in the times of economic crisis period for facing financing problem. Though donations have made huge contributions to microfinance development and poverty alleviation to date, an effort to scale-up funding from this usual source has been a rising task. It is argued that huge resources of commercial capital may become accessible to microfinance if critical winning strategies of access to commercial funding are made possible. This paper offers research evidence that identifies the success of the profit driven MFIs based on firm-level data from South Asia in times of economic crisis for two financi
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