Currently I am†writing on how organizational characteristics can explain†difference in microfinance†performance. My working hypothesis†is that it makes a big difference for the goals and the outcome whether the microfinance institution is an NGO, is public or is a commercial instituion.
Lately, I have been reading and analyzing existing microfinance literature, and I have found that performance in microfinance is explained either by the contract in question or by the managerial practices in use. The former is done mostly by economists: They look at how clients react to different contractual incentive structures and explain outcome from this. The latter is done by human ressource people or practitioners,†when giving advice to microfinance institutions. †
This creates a knowledge cap in the reserach on institutional setup, which I am trying to fill.
Right now that is how it looks.