GOVERNANCE in Micro Finance Institutions

The book "Governance in Micro Finance Institutions" by Andrew Francis offers a comprehensive analysis of the governance structures in microfinance institutions (MFIs) and their impact on the financial inclusion of disadvantaged populations. It highlights the challenges faced by MFIs, particularly regarding the balance between social goals and financial sustainability. The research is based on an examination of six dimensions of good governance, viewed from the perspective of beneficiaries as well as the managers of leading MFIs in Tamil Nadu, India. The findings show that the MFIs studied perform well in many areas, but also exhibit weaknesses in transparency and disclosure. The study emphasizes the importance of MFIs not only providing financial support but also fostering the self-esteem and dignity of their clients.