Globalization and affordability of microfinance

• Main Authors: SUN, Sunny Li, LIANG, Hao
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Economic globalization; Financial inclusion; Institutional logics; Microfinance; Non-profit organizations; Social globalization; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6615; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7614/viewcontent/Globalization_Affordability_Microfinance_av.pdf
• Institution: Singapore Management University

We study how globalization can differentially affect financial inclusion through the lens of microfinance. Based on an institutional logics perspective, we argue that MFIs embody both social logic and market logic with regard to provision of affordable microfinance loans. Speicially, social logic is...