|
Koseki Takashi
Department Undergraduate School , School of Business Administration Position Professor |
|
| Language | English |
| Publication Date | 2015/03 |
| Type | Bulletin of Universities and Institutes |
| Title | The Risk of Mission Drift of Microfinance: A Case Study of the UK |
| Contribution Type | Sole-authored |
| Journal | Meiji Business Review |
| Publisher | The Institute of Business Management, Meiji University |
| Volume, Issue, Page | 62(3/4),pp.49-67 |
| Details | It is believed that a microfinance program should be sufficient in developing countries. However, should it be sufficient in developed countries? This research is to examine the risk of mission drift of microfinance programs in developed countries with a case study of Community Development Financial Institutions in the UK.
Under the reduction of CDFI support by UK government, CDFIs increased self-sufficiency. This study found that UK CDFIs experienced significant changes in terms of their target clients and business models. The reduction of governments support can cause the risk of mission drift. |
| ISSN | 0387-298X |