India Studies in Business and Economics

Sustainability of Indian Microfinance Institutions

A Mixed Methods Approach

Authors: Marakkath, Nadiya

  • Documents the understanding of the sustainability of the Microfinance Institutions (MFIs) gained through a mixed-methods research investigation
  • Answers pertinent questions to enable Indian MFIs to march towards efficient and sustainable operations without losing focus on their clients
  • Contains findings to revive lost hope for the Indian microfinance industry at a time of crisis 
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eBook $99.00
price for USA (gross)
  • ISBN 978-81-322-1629-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-81-322-1628-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $129.00
price for USA
  • ISBN 978-81-322-3499-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

Although 'doing good' is our innate nature, we often get lost in the complexities and view goodness as a distant dream. Making this dream of goodness a reality is often thwarted by thoughts surrounding sustainability. Thus, all good initiatives require a focus on sustainability and this has become one of greatest and most formidable challenges faced by any social enterprise. The book documents the understanding of the sustainability of one of the most celebrated forms of social enterprise of our times — Microfinance Institutions (MFIs) gained through a mixed-methods research investigation. It attempts to answer pertinent questions such as: What are the determinant and discriminating factors for the sustainability of MFIs in India? How are these factors being managed by the operationally efficient Indian MFIs that remained sustainable at reasonable interest rates before the onset of the crisis and ceilings imposition in Indian microfinance markets? What does the Indian microfinance crisis teach us about sustainability management and mismanagement? In a nutshell, the answers show that sustainability is a strategic issue that needs managerial attention and not a matter to be left to serendipity. At a time when the industry is recovering from the adverse effects of a crisis and when there are still contentions as to whether the rate fixed by the regulator is enough for the sustenance of the MFIs, the findings mentioned in the book revive the lost hope for the Indian microfinance industry. By deciphering the strategies used by efficient and sustainable MFIs and discussing the lessons that the crisis has imparted to the Indian microfinance markets, this book will enable Indian MFIs to march towards efficient and sustainable operations without losing focus on their clients.

About the authors

Nadiya Marakkath is an Assistant Professor at the Centre for Social Entrepreneurship, School of Management and Labour Studies, Tata Institute of Social Sciences (TISS), Mumbai. She teaches academic courses in finance, microfinance and research methods to M. A. social entrepreneurship students at TISS. She enjoys nurturing the dreams of young social entrepreneurs and therefore involves herself in incubation and funding initiatives for social entrepreneurship students at TISS. She received her PhD in financial management, with specialization in microfinance and has doctoral research experience in finance at the National Institute of Technology, Calicut and the Indian Institute of Technology Madras, Chennai, India. Finance systems and their regulatory aspects, microfinance sustainability management, legitimacy and sustainability challenges in social entrepreneurship, entry and exit issues of social entrepreneurs, performance management for social ventures and design of hybrid ventures are her areas of research interest.

Table of contents (8 chapters)

  • Introduction

    Marakkath, Nadiya

    Pages 1-19

  • Literature Review: The Sustainability Debate

    Marakkath, Nadiya

    Pages 21-37

  • Research Objectives and Design

    Marakkath, Nadiya

    Pages 39-44

  • Quantitative Phase: Identification of Factors Affecting and Discriminating Sustainability

    Marakkath, Nadiya

    Pages 45-71

  • Intermediate Participant Selection Phase: Assessment of Efficiency and Sustainability

    Marakkath, Nadiya

    Pages 73-96

Buy this book

eBook $99.00
price for USA (gross)
  • ISBN 978-81-322-1629-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $129.00
price for USA
  • ISBN 978-81-322-1628-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $129.00
price for USA
  • ISBN 978-81-322-3499-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Sustainability of Indian Microfinance Institutions
Book Subtitle
A Mixed Methods Approach
Authors
Series Title
India Studies in Business and Economics
Copyright
2014
Publisher
Springer India
Copyright Holder
Springer India
eBook ISBN
978-81-322-1629-2
DOI
10.1007/978-81-322-1629-2
Hardcover ISBN
978-81-322-1628-5
Softcover ISBN
978-81-322-3499-9
Series ISSN
2198-0012
Edition Number
1
Number of Pages
XVI, 166
Number of Illustrations and Tables
30 b/w illustrations, 3 illustrations in colour
Topics