Are Financial and Social efficiency mutually exclusive ? A case study of Vietnamese Microfinance Institutions

This study uses data from a sample of 28 Vietnamese microfinance institutions

From:
Foreign, Commonwealth & Development Office
Published
18 May 2018
Country:
Vietnam
Document Type:
Journal Article
Theme:
Economic Growth
First published:
31 May 2015
Authors:
Lebovics, M, Hermes, N and Hudon, M

Abstract

A major debate in microfinance focuses on the existence of a trade鈥恛ff between the financial sustainability of microfinance institutions (MFIs) and their outreach to poor clients. This paper adds to this debate by analyzing whether financial and social efficiency are mutually exclusive in a context of implicit subsidies by the state and international donors. We use data from a sample of 28 Vietnamese MFIs and apply Data Envelopment Analysis (DEA) to identify the existence of a trade鈥恛ff.

This is an output from the 鈥楧elivering Inclusive Financial Development and Growth鈥� project

Citation

Lebovics, M. , Hermes, N. and Hudon, M. (2016). Are Financial and Social efficiency mutually exclusive ? A case study of Vietnamese Microfinance Institutions . Annals of Public and Cooperative Economics, 87: 55-77

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Published 18 May 2018
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