ENGLISH ABSTRACT: Portfolio diversification in capital markets is an accepted investment strategy. On the other handcorporate diversification has drawn many opponents especially agency theorists who argue thatexecutives must not diversify their firms. Instead, they must pay out the ‘free cash...

The level of poverty in Namibia is relatively high. Access to finance is cited as one of factors hampering economic growth and poverty alleviation. Microfinance is seen as one of the effective tools that can address poverty alleviation by engaging the poor in sustainable economic activities....

ENGLISH ABSTRACT: In the microfinance discourse, sustainability can relate to organisational, managerial and financial aspects. However, what is in vogue in mainstream analysis is the financial sustainability of MFIs throughout the world, especially in Africa, Asia and Latin America. What has...

In the microfinance discourse, sustainability can relate to organisational, managerial and financial aspects. However, what is in vogue in mainstream analysis is the financial sustainability of MFIs throughout the world, especially in Africa, Asia and Latin America. What has attracted...