Abrar, A. and A.Y. Javaid (2014): ‘Commercialization and Mission Drift – A Cross Country Evidence on Transformation of Microfinance Industry’, International Journal of Trade, Economics and Finance, 5(1), pp.122–125.
Annan, K. (2005): Microfinance, now important factor in poverty eradication, should be expanded, Secretary‐General tells Geneva Symposium, www.un.org/press/en/2005/sgsm10151.doc.htm (Last visited 27.7.2015).
Armendáriz de Aghion, B. (1999): ‘On the Design of a Credit Agreement with Peer Monitoring’, Journal of Development Economics, 60(1), pp.79–104.
Armendáriz de Aghion, B. and J. Morduch (2005): The Economics of Microfinance, MIT Press, Cambridge.
Barboza, G. and H. Barreto (2006): ‘Learning by Association, Micro Credit in Chiapas, Mexico’, Contemporary Economic Policy, 24(2), pp.316–331.
Barboza, G. and S.Trejos (2009): ‘Micro Credit in Chiapas, Mexico: Poverty Reduction Through Group Lending’, Journal of Business Ethics, 88(2), pp.283–299.
Basel Committee on Banking Supervision (2010): Microfinance activities and the Core Principle for Effective Banking Supervision, Basel, August.
Basel Committee on Banking Supervision (2015): Range of practice in the regulation and supervision of institutions relevant to financial inclusion, Basel, January.
Becker, P.M. (2010): Investing in Microfinance. Integrating New Asset Classes into an Asset Allocation Framework Applying Scenario Methodology, Gabler Research, Wiesbaden.
Berg, C. and M. Shahe Emran (2011): Does Microfinance Help the Ultrapoor Cope with Seasonal Shocks? Evidence from Seasonal Famine (Monga) in Bangladesh, papers.ssrn.com/sol3/papers.cfm?abstract_id=1802073 (Last visited 10.1.2015).
Besley, T. and S.Coate (1995): ‘Group Lending, Repayment Incentives and Social Collateral’, Journal of Development Economics, 46(1), pp.1–18.
Bethany, L.P. (2013): ‘Institutional Lending Models, Mission Drift, and Microfinance Institutions’, University of Kentucky: Doktorarbeit.
Bezerra, J., W. Bock, F. Candelon, S. Chai, E. Choi, J. Corwin, S. DiGrande, R. Gulshan, D.C. Michael and A. Varas (2015): The Mobile Revolution: How Mobile Technologies Drive a Trillion‐Dollar Impact, https://www.bcgperspectives.com (Last visited 5.2.2015).
BIS (2013): Triennial Central Bank Survey, www.bis.org/publ//bl//rpfx (Last visited 2.12.2014).
BlueOrchard and the University of Zurich (2014): Swiss Institutional Investors Survey 2014, Zurich, June.
Braverman, A. and J.L. Guasch (1986): ‘Rural credit markets and institutions in developing countries: Lessons for policy analysis from practice and modern theory’, World Development, 14(1), pp.1253–1267.
Collins, D.J., J. Morduch, S. Rutherford and O. Ruthven (2009): Portfolios of the poor: How the World’s Poor Live on $2 a Day. Princeton University Press, Princeton.
Conning, J. (1999): ‘Outreach, sustainability and leverage in monitored and peer‐monitored lending’, Journal of Development Economics, 60(1), pp.51–77.
Cull, R., D.‐K. Asli and J. Morduch (2009): ‘Microfinance Meets the Market’, Journal of Economic Perspectives, 23(1), pp.167–192.
De Soto, H. (2001): The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, Black Swan, London.
D'Espallier, B., I. Guerin, and R. Mersland (2013): ‘Focus on Women in Microfinance Institutions’, Journal of Development Studies, 49(5), pp.589–608.
Demirguc‐Kunt, A., L. Klapper, D. Singer and P. Van Oudheusden (2015): The Global Findex Database 2014, Measuring Financial Inclusion around the World, The World Bank Development Research Group, Working Paper, Washington D.C.
Demombynes, G. and A. Thegeya (2012): Kenya's Mobile Revolution and the Promise of Mobile Savings, The World Bank Development Research Group, Working Paper, Washington D.C.
Desai, J., K. Johnson and A. Tarozzi (2015): ‘The Impacts of Microcredit: Evidence from Ethiopia’, American Economic Journal: Applied Economics, 7 (1), pp.54–89.
Deutsche Kreditbank (2015): Geschäftsbericht 2014, Deutsche Kreditbank AG, Berlin.
Dickinson, T. (2012): Development Finance Institutions: Profitability Promoting Development, www.oecd.org/dev/41302068.pdf (Last visited 14.12.2014).
Dieckmann, R. (2007): ‘Microfinance: An emerging investment opportunity – Uniting social investment and financial returns’, Deutsche Bank Research, pp.1–20.
Economist, The (2010a): Microfinance: Leave Well Alone, 20.11.2010.
Economist, The (2010b): Microfinance under scrutiny: Overcharging, 20.11.2010.
Economist, The (2013): The Economist explains: Why does Kenya lead the world in mobile money?, http://www.economist.com/blogs/economist‐explains/2013/05/economist‐explains‐18 (Last visited 9.2.2015).
Economist Intelligence Unit, The (2014): Global Microscope 2014: The enabling environment for financial inclusion, London, November.
Fairbourne, J., S. Gibson and W. Dyer (2007): MicroFranchising: Creating Wealth at the Bottom of the Pyramid, Edward Elgar Publishing, Cheltenham.
Forum Nachhaltige Geldanlagen (2015): Marktbericht: Nachhaltige Geldanlagen 2015 Deutschland, Österreichund die Schweiz, Berlin, May.
Geczy, C., R.F. Stambaugh and D. Levin (2005): Investing in Socially Responsible Mutual Funds, papers.ssrn.com/sol3/papers. cfm?abstract_id=416380 (Last visited 1.5.2015).
Ghatak, M. and T. Guinnane (1999): ‘The Economics of Lending with Joint Liability: Theory and Practice’, Journal of Development Economics, 60(1), pp.195–228.
Gonzalez, A. (2011): Publication Update: Analyzing Microcredit Interest Rates A Review of the Methodology Proposed by Mohamed Yunus, MIX Data Brief No.4.,www.themix.org/sites/default/files/MBB%20Publication%20Update% 20data%20brief%204.pdf (Last visited 18.10.2014).
Grameen Foundation (2015): Progress out of Poverty Index (PPI), www.progressoutofpoverty.org/Fo (Last visited 22.5.2015).
Griffith, R. and M. Evans (2012): Development Finance Institutions, Advocates for International Development, London, July.
Gurley, J. and E. Shaw (1955): ‘Financial Aspects of Economic Development’, American Economic Review, 45(4), pp.515–538.
Hartarska, V. and M. Holtmann (2006): ‘An overview of recent developments in the microfinance literature’, Agricultural Finance Review, 66(2), pp.147–165.
Hartmann‐Wendels, T., T. Mählmann and T. Versen (2009): ‘Determinants of banks’ risk exposure to new account fraud. Evidence from Germany', Journal of Banking and Finance, 33(2), pp.347–357.
Hashemi, S. (2007): ‘Beyond Good Intentions: Measuring the Social Performance of Microfinance Institutions’, CGAP Focus Note, 41(1), pp.1–12.
Hofmann, M. (2015): Nachhaltige Entwicklung: Die Welt gibt sich neue Ziele, www.nzz.ch/schweiz/die‐welt‐gibt‐sich‐neue‐ziele‐1.18466894 (Last visited 7.5.2015).
Hollis, A. and A. Sweetman (2004): ‘Microfinance and Famine: The Irish Loan and Funds during the Great Famine’, World Development, 32(9), pp.1509–1523.
Holvoet, N. (2004): ‘Impact of Microfinance Programs on Children's Education: Do the Gender of the Borrower and the Delivery Model Matter?’, Journal of Microfinance, 6(2), pp.27–49.
Khandker, S.(1998): Fighting Poverty with Microcredit: Experience in Bangladesh, Oxford University Press, New York.
Kropp, J., C.G. Turvey, D.R. Just, R. Kong, P. Guo (2009): ‘Are the poor really more trustworthy? A micro‐lending experiment’, Agricultural Finance Review, 69(1), pp.67–87.
Leatherman, S., K. Geissler, B. Gray and M. Gash (2012): ‘Health Financing: A New Role for Microfinance Institutions?’, Journal of International Development, 25(7), pp.881–896.
Ledgerwood, J. (2000): Microfinance Handbook: An Institutional and Financial Perspective, World Bank Publications, Washington D.C.
Ledgerwood, J. (2013): The New Microfinance Handbook: A Financial Market System Perspective, World Bank Publications, Washington D.C.
Leive, A. and K. Xu (2008): ‘Coping with Out‐of‐Pocket Health Payments: Empirical Evidence from 15 African Countries’, Bulletin of the World Health Organization, 86(11), pp.849–856.
Littlefield, E., J. Morduch and S. Hashemi (2003): ‘Is Microfinance an Effective Strategy to Reach the Millennium Development Goals?’, CGAP FocusNote, 24(1), pp.1–12.
Liv, D. (2013): Study on the Drivers of Over‐Indebtedness of Microfinance Borrowers in Cambodia: An In‐depth Investigation of Saturated Areas, Cambodia Institute of Development, Phnom Penh, March.
Luoto, J., C. McIntosh and B. Wydick (2007): ‘Credit Information Systems in Less‐Developed Countries: Recent History and a Test with Microfinance in Guatemala’, Economic Development and Cultural Change, 55(2), pp.313–334.
Mangold, R. (2015): Do Microfinance Investment Managers Add Value, and How? Working Paper, pp.1–29.
Markowitz, H. (1952): ‘Portfolio Selection’, Journal of Finance, 7(1), pp.71–91.
Maslow, A. (1943): ‘A theory of human motivation’, Psychological Review, 50(4), pp.370–396.
Massa, I. and D. Willem te Velde (2011): ‘The role of development finance institutions in tackling global challenges’, Overseas Development Institute Project Briefing, 65(1), pp.1–4.
Mbiti, I. and D.N. Weil (2011): Mobile Banking: The Impact of M‐Pesa in Kenya, The National Bureau of Economic Research, Working Paper, Cambridge.
McIntosh, C. and B. Wydick (2005): ‘Competition and Microfinance’, Journal of Development Economics, 78(2), pp.271–298.
Menning, C.B. (1992): ‘The Monte's Monte: The Early Supporters of Florence's Monte di Pieta’, The Sixteenth Century Journal, 23(4), pp.661–667.
Mersland, R. and R. Oystein Strom (2010): ‘Microfinance Mission Drift?’, World Development, 38(1), pp.28–36.
Meyer, J. (2013): ‘Investing in Microfinance: An Analysis of Financial and Social Returns’, University of Zurich: PhD thesis.
Meyer, R. and G. Nagarajan (2006): ‘Microfinance in developing countries: accomplishments, debates and future directions’, Agricultural Finance Review, 67(1), pp.167–194.
MFTransparency (2015): What We Do, www.mftransparency.org/what‐we‐do/ (Last visited 26.5.2015).
Microcredit Summit Campaign (2014): The State of the Microcredit Summit Campaign Report, Microcredit Summit Campaign, Washington D.C., June.
Microfinance Centre (2007): MFC, From Mission to Action – Management Series for Microfinance Institutions, www.microfinancegateway.org/sites/ default dfiles/mfg‐en‐toolkit‐from‐mission‐to‐action‐management‐series‐for‐microfinance‐institution‐strategic‐management‐toolkit‐handbook‐2007.pdf (Last visited 28.11.2014).
Micro Finance Institutions (Development and Regulation) Bill (2012): Arrangement of Clauses, Bill No. 62, www.prsindia.org/uploads/media/Micro% 20Finance%20Institutions/Micro%20FiFinan%20Institutions%20%28Development%20and%20Regulation%29%20Bill,%202020.pdf (Last visited 4.10.2014).
MicroPensionLab (2014): What we do, www.micropensions.com (Last visited 9.1.2015).
Microrate (2013b): The State of Microfinance Investment 2013: Survey and Analysis of MIVs – 8th Edition, Washington D.C., November.
MIX (2011): Myths and Reality: Cost and Profitability of Microfinance, www.themix.org/publications/microbanking‐bulletin/2011/03/myths‐and‐reality‐cost‐and‐profitability‐microfinance (Last visited 12.1.2015).
MkNelly, B. and C. Dunford (1998): Impact of Credit with Education on Mothers and Their Young Children's Nutrition: Lower Pra Rural Bank Credit with Education Program in Ghana, Freedom from Hunger, Davis, March.
Morduch, J. (1999): ‘The Microfinance Promise’, Journal of Economic Literature, 37(4), pp.1569–1614.
Nagarsekar, G. (2012): A Report on the Interest of Microfinance Institutions, Birla Institute of Technology and Science, Pilani, December.
Nash, J.F. (1951): ‘Non‐Cooperative Games’, Annals of Mathematics, 54(2), pp.286–295.
Panjaitan‐Drioadisuryo, R.D.M. and K. Cloud (1999): ‘Gender Self‐Employment and Microcredit Programs: An Indonesian Case Study’, Quarterly Review of Economics and Finance, 39(5), pp.769–779.
Parker, J. and D. Pearce (2002): ‘Microfinance, Grants, and Non‐Financial Responses to Poverty Reduction’, CGAP Focus Note, 20, pp.1–20.
Pickens, M. (2009): Window on the Unbanked: Mobile Money in the Philippines, CGAP Brief, Washington D.C., December.
Prahalad, C.K. and S.L. Hart (2002): The Fortune at the Bottom of the Pyramid, Strategy + Business, first quarter, 2002.
Raiffeisen Group (2015): Geschäftsbericht 2014, Raiffeisen Gruppe, St.Gallen.
Rating Initiative, The (2013): Social Rating Guide, www.sptf.info/images/he (201%20rating%20guide_english_nov%202014.pdf (Last visited 27.9.2014).
Ravallion, M., S. Chen and P. Sangraula (2008): Dollar a Day Revisited, The World Bank Development Research Group, Working Paper, Washington D.C.
Reed, L.R., J. Marsden, A. Ortega, C. Rivera and S. Rogers (2015): The State of the Microcredit Summit Campaign Report 2014, Washington D.C., June.
Remenyi, J. (2000): Microfinance and Poverty Alleviation: Case Studies from Asia and the Pacific, Taylor & Francis Group, New York.
Renneboog, L., T. Jenke and C. Zhang (2008): ‘Socially responsible investments: Institutional aspects, performance, and investor behavior’, Journal of Banking and Finance, 32(9), pp.1723–1742.
ResponsAbility (2010): Korruption and Finanzkriminalität – ein Problem in Mikrofinanz?, Zurich.
Robinson, M.S. (2001): The Microfinance Revolution: Sustainable Finance for the Poor, The World Bank Publications, Washington D.C.
Rock, R., M. Otero and R. Rosenberg (1996): ‘Regulation and Supervision of Microfinance Institutions: Stabilizing a New Financial Market’, CGAP Focus Note, 4, pp.1–4.
Rosenberg, R. (2010): ‘Does Microcredit Really Help Poor People?’, CGAP Focus Note, 59, pp.1–8.
Rosenberg, R., S. Gaul, W. Ford and O. Tomilova (2013): Microcredit Interest Rates and Their Determinants 2004–2011, CGAP, Washington D.C., June.
Rutherford, S. (2001): The Poor and Their Money, Oxford University Press, New Delhi.
Sachs, J. (2006): The End of Poverty: Economic Possibilities for Our Time, Penguin Group, New York.
Schicks, J. (2011): Over‐Indebtedness of Microborrowers in Ghana: An Empirical Study from a Customer Protection Perspective, Center for Financial Inclusion, Brussels, November.
Schreiner, M. (2010): ‘Seven Extremely Simple Poverty Scorecards’, Enterprise Development and Microfinance, 21(2), S.118–137.
Schumpeter, J. (1926): Theorie der wirtschaftlichen Entwicklung, 2. Auflage, München, Leipzig.
Scofield, R. (2015): The evolving microfinance revolution has yet to run its full course, https://www.devex.com/news/the‐evolving‐microfinance‐revolution‐has‐yet‐to‐run‐its‐full‐course‐86017 (Last visited 1.5.2015).
Seibel, H.D. (2003): ‘History matters in microfinance’, Small Enterprise Development, 14(2), pp.10–12.
Sen, A.K. (1999): Development as Freedom, Knopf, New York.
Simanowitz, A. and A. Waters (2002): ‘Ensuring Impact: Reaching the Poorest while Building Financially Self‐Sufficient Institutions and Showing Improvement in the Lives of the Poorest Women and Their Families’, in: S. Daley‐Harris (ed.), Pathways out of Poverty: Innovations in Microfinance for the Poorest Families, Kumarian Press, Bloomfield.
Sinha, F. (2006): Social Rating and Social Performance Reporting in Microfinance: Towards a Common Framework, Argidius Foundation, Washington D.C., January.
Social Performance Task Force (2014a): Social Performance Task Force, sptf.info/sp‐task‐force (Last visited 28.10.2014).
Social Performance Task Force (2014b): Social Performance Task Force: Universal Standards for Social Performance Management, www.sptf.info/images/ usspm %20englishmanual%202014%201.pdf (Last visited 18.10.2014).
Solli, J., L. Galindo, A. Rizzi, E. Rhyne and N. van de Walle (2015): What Happens to Microfinance Clients who Default? An Exploratory Study of Microfinance Practices, The Smart Campaign, Washington D.C., January.
Standard & Poor's (2007): Microfinance: Taking Root in the Global Capital Markets, New York, June.
Staub‐Bisang, M. (2011): Nachhaltige Anlagen für institutionelle Investoren, Verlag Neue Zürcher Zeitung, Zürich.
Stiglitz, J. (1990): ‘Peer Monitoring and Credit Markets’, The World Bank Economic Review, 4(2), pp.351–366.
Stiglitz, J. and A. Weiss (1981): ‘Credit rationing with imperfect information’, American Economic Review, 71(3), pp.393–410.
Todd, H. (1996): Women at the Centre: Grameen Bank Borrowers after One Decade, Dhaka University Press, Dhaka.
UN News Centre (2015): Climate change and sustainability key to future development agenda, www.un.org/apps/news/story.asp?NewsID=50165#.VUuEjGeJ iUm (Last visited 7.5.2015).
United Nations (2001): Die UN‐Millenniums‐Entwicklungsziele, un‐kampagne.de/index.php?id=90 (Last visited 16.10.2015).
United Nations (2006): Blue Book: Building Inclusive Finanical Sectors for Development, The United Nations Department of Public Information, New York.
United Nations (2014): The World We Want – A Future For All, Website https://sustainabledevelopment.un.org/sdgsproposal (Last visited 7.5.2015).
UNCTAD (2014): World Investment Report 2014: Investing in the SDGs, unctad.org/en/PublicationsLibraryublicationsLibraryLast visited 21.5.2015).
UNDP (2014): Millennium Development Goals, www.undp.org/ (Last visited 12.12.2014).
Van Tassel, E. (1999): ‘Group Lending Under Asymmetric Information’, Journal of Development Economics, 60(1), pp.3–25.
Varian, H. (1990): ‘Monitoring Agents with Other Agents’, Journal of Institutional and Theoretical Economics, 146(1), pp.153–174.
VisionFund (2015): Average Loan Size, www.visionfund.org/1501/(2015)wwhe (Last visited 28.5.2015).
World Bank (2001): World Development Report 2000/2001: Attacking Poverty, Oxford University Press, New York.
World Bank (2014): Global Financial Development Report: Financial Inclusion, World Bank Publications, Washington D.C.
World Bank (2015a): Financial Inclusion Data/Global Findex, datatopics.world‐bank.org/financialinclusion (Last visited 17.6.2015).
World Bank (2015b): Inflation, GDP deflator (annual %), data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG (Last visited 18.6.2015).
World Bank (2016): PovcalNet Database, iresearch.worldbank.org/ PovcalNet PovcalNetorld (Last visited 20.2.2015).
World Trade Organization (2015): Balance of Trade, www.wto.org (Last visited 16.6.2015).
Xu, K., D.B. Evans, G. Carrin, A.M. Aquilar‐Rivera, P. Musgrove and T. Evans (2007): ‘Protecting Households from Catastrophic Health Spending’, Health Affairs, 26(4), pp.972–983.
Xu, K., D.B. Evans, K. Kawabata, R. Zeramdini, J. Klavus and C.J. Murray (2003): ‘Household Catastrophic Health Expenditure: A Multicountry Analysis’, The Lancet, 363, pp.111–117.
Zeller, M. (2006): ‘A comparative review of major types of rural microfinance institutions in developing countries’, Agricultural Finance Review, 66(2), pp.195–213.