Analysing MFI Financial Performance: Roe Drivers Approach

Abstract

Wealth invested in MFIs is a scarce resource, regardless of whether they raise money through public issue of equity shares, should grow by further wealth. There is adequate literature on the microfinance industry, in the form of case studies, white papers, and policy reviews. There are research articles on successful MFI models, performance analysis, risks and returns, regulatory framework, impact on society, poverty, inclusion, and similar issues, compared to analyses on the industry structure, competition, and business strategy of the players in the industry.