Mainstreaming Microfinance: Social Performance Management or Mission Drift?

By J. Copestake. 2007

442 citations recorded by the source corpus.

Subfields: Business and International Management, Economics and Econometrics, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/188777a0b46c5196ccc7e08360fabaa783ddcb4b

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Citations in the corpus

Social and financial efficiency of Islamic microfinance institutions:a Data Envelopment Analysis application (2015, background): “Ironically, microfinance institutions (MFIs) charge high interest rates; mostly even much higher than banks owing to high costs incurred from relatively small loan (Ahmed, 2002; Diop et al., 2007; Obaidullah, 2008; Rahman, 1999), subjected them to criticism (Copestake, 2007a).”
Unsubsidized Microfinance Institutions (2013, background): “1 Many donors also insist on reaching financial self-sustainability (Conning, 1999; Copestake, 2007).”
The Profit Orientation of Microfinance Institutions and Effective Interest Rates (2013, background): “In both cases, many worry that we will see MFIs abandoning the poorest clients in search of more reliable profit streams – something commentators call “mission drift” (Copestake, 2007).”
Do microfinance institutions accomplish their mission? Evidence from the relationship between traditional financial sector development and microfinance institutions’ outreach and performance (2013, background): “Copestake (2007) argues for the implementation of a social performance management system in order to assess the impact on the clients. institution to cover its operational costs.”
Focus on Women in Microfinance Institutions (2013, background): “Many authors argue that the on-going commercialisation of microfinance will lead to a ‘mission drift’, in which MFIs turn to more profitable customers, that is, primarily urban, less poor, and male (Copestake, 2007; Cull et al., 2008).”
Social mission as competitive advantage: A configurational analysis of the strategic conditions of social entrepreneurship (2019, background): “nature of the firm’s market (Copestake, 2007), and the financial value of being a mission oriented firm (Teasdale, 2010).”
Comparing Virtue, Consequentialist, and Deontological Ethics-Based Corporate Social Responsibility: Mitigating Microfinance Risk in Institutional Voids (2013, unknown): “With regard to the latter struggle, an MFI is an interesting type of firm because its mission is to create both economic value and social value simultaneously, yet MFIs often struggle with this dual pursuit (Copestake 2007; Mersland and Strom 2010; Morduch 2000).”
Bankers at the gate: Microfinance and the high cost of borrowed logics (2012, background): “The lack of measurement efforts can partly be attributed to the prohibitive nature of collecting economic development data in rural parts 16 of developing countries (Copestake, 2007; Khavul, 2010).”
On mission drift in microfinance institutions (2011, unknown): “Building on a comprehensive literature review from individual MFI experiences by Fidler (1998), on pioneering theoretical work by Copestake (2007)”
Microfinance, the long tail and mission drift (2014, background): “But some MFIs have drifted from their mission; this phenomen on has been studied by Copestake (2007), Mersland and Strøm (2010), Armendáriz and Szafarz ( 2011) and Hermes et al (2011).”
Green Microfinance: Characteristics of Microfinance Institutions Involved in Environmental Management (2013, background): “Can environmental, social, and financial objectives be combined? Some microfinance institutions (MFIs), donors, and experts believe this is the case, since they have added a third bottom line for microfinance related to the environment (FMO 2008; GreenMicrofinance 2007; Rippey 2009; Schuite and Pate”
Women and Repayment in Microfinance: A Global Analysis (2011, background): “In addition, given that the microfinance industry is increasingly concerned with the trade-off between financial performance and social mission (Copestake, 2007; Cull et al., 2008; Hudon 2009), it is our belief that the question of gender in this trade-off debate demands particular attention.”
Who cares about your Facebook friends? Credit scoring for microfinance (2015, background): “Microfinance comes with a social mission of alleviating poverty, enhancing economic development and achieving social impact in the community [4].”
Social enterprise versus social entrepreneurship: An examination of the ‘why’ and ‘how’ in pursuing social change (2013, background): “…approach is frame-breaking, given the very specific emphasis on the poor as part of poverty alleviation programmes and an associated criticism of ‘mission drift’: losing sight of the organisation’s purpose (Copestake, 2007; Mersland and Oystein Strom, 2010), where programmes target the non-poor.”