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    • BBSF Research Projects
    • BBSF Research Projects (2017)
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    Microfinance institutions in Kenya: a mission drift or progression?

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    Date
    2017
    Author
    Kiarie, Winfred Wanjiru
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    Abstract
    Microfinance serves low income earners by offering a variety of financial services. This study examines whether sustainability of the Microfinance institution leads to a mission drift or a progression. The study measures sustainability by using the standard profitability ratios. This study utilizes data from 14 Microfinance Institutions in Kenya -assessed from 2007 to 2013. The findings on outreach and percentage of women indicate that the financial performance of a microfinance institution does not indicate a mission drift. Furthermore, the financial performance measures explain very little about the profit status of an institution.
    URI
    http://hdl.handle.net/11071/5370
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    • BBSF Research Projects (2017) [10]

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