This study investigates the effect of both institutional factors and the macro economy on the financial performance of MFIs. Drawing upon the Microfinance Information Exchange data and cross-country data on macro economy, finance and institutions, we use three stage least squares and...

This article evaluates the causal impact of rural households’ borrowing, through formal microcredit, on child nutrition in poor northwest China. The analysis exploits the panel data in rural Gansu between 2000 and 2004. Unobserved differences between borrowers and non-borrowers are controlled...