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La microfinanza in Europa (Microfinance in Europe)

Author

Listed:
  • Fabrizio Botti

    (Università G. Marconi)

  • Marcella Corsi

    (Sapienza Università di Roma)

  • Giulia Zacchia

    (Sapienza Università di Roma)

Abstract

So far, the lack of consistent and reliable data on microfinance in Europe prevented the conduct a comprehensive analysis of the performance of Microfinance institutions (MFIs), especially their capacity to meet policy expectation in terms of social objectives and financial sustainability in the long term. We constructed an original longitudinal dataset of 357 European MFIs observed between 2006 and 2015, based on raw data from the European Microfinance Network (EMN) overview survey. We use this data to carry out the first in-depth analysis of trends in European microfinance and the interaction between social and financial performance during the period 2006-2013. It emerges that microfinance in Europe is a highly segmented and heterogeneous industry, both in terms of providers’ institutional characteristics and regional business models.

Suggested Citation

  • Fabrizio Botti & Marcella Corsi & Giulia Zacchia, 2017. "La microfinanza in Europa (Microfinance in Europe)," Moneta e Credito, Economia civile, vol. 70(278), pages 101-129.
    • Handle: RePEc:psl:moneta:2017:21
    as

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    File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/13937/13708
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Microfinance; Europe; Social Performance; Financial Performance;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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