Mainstreaming microfinance: Social performance management or mission drift?

Research output: Contribution to journalArticle

150 Citations (Scopus)

Abstract

What scope is there for the pursuit of explicit development goals in the context of increasing integration of specialized microfinance and commercial banking sectors? This question and the idea of mission drift is first analyzed using a model that distinguishes between institutions' financial and social performance possibilities, preferences, and assessment systems. The model is used to review findings from action research with an international sample of poverty oriented microfinance institutions that suggest some simple steps for improved social performance management. It is then used to illustrate the relationship between social and financial performance more widely across the retail financial services sector, and to offer pointers for more policy analysis at this level. (C) 2007 Elsevier Ltd. All rights reserved.
Original languageEnglish
Pages (from-to)1721-1738
Number of pages18
JournalWorld Development
Volume35
Issue number10
DOIs
Publication statusPublished - 2007

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microfinance
financial services
action research
service sector
policy analysis
banking
management
performance
poverty
financial service
tertiary sector
Social performance
Performance management
Microfinance
Financial performance

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Mainstreaming microfinance: Social performance management or mission drift? / Copestake, J.

In: World Development, Vol. 35, No. 10, 2007, p. 1721-1738.

Research output: Contribution to journalArticle

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