La microfinanza in Europa (Microfinance in Europe)
DOI:
https://doi.org/10.13133/2037-3651_70.278_1Parole chiave:
Microfinance, Europe, Social Performance, Financial PerformanceAbstract
Finora, la mancanza di dati coerenti e affidabili sulla microfinanza in Europa ha impedito di condurre un'analisi completa delle prestazioni degli istituti di microfinanza (IFM), in particolare la loro capacità di soddisfare le aspettative politiche in termini di obiettivi sociali e sostenibilità finanziaria a lungo termine. Abbiamo costruito un set di dati longitudinale originale di 357 IFM europee osservate tra il 2006 e il 2015, sulla base di dati grezzi provenienti dall'indagine generale della rete europea di microfinanza (EMN). Utilizziamo questi dati per effettuare la prima analisi approfondita delle tendenze della microfinanza europea e l'interazione tra prestazioni sociali e finanziarie nel periodo 2006-2013. Emerge che la microfinanza in Europa è un'industria altamente segmentata ed eterogenea, sia in termini di caratteristiche istituzionali dei fornitori che di modelli di business regionali.
So far, the lack of consistent and reliable data on microfinance in Europe prevented the conduct a comprehensive analysis of the performance of Microfinance institutions (MFIs), especially their capacity to meet policy expectation in terms of social objectives and financial sustainability in the long term. We constructed an original longitudinal dataset of 357 European MFIs observed between 2006 and 2015, based on raw data from the European Microfinance Network (EMN) overview survey. We use this data to carry out the first in-depth analysis of trends in European microfinance and the interaction between social and financial performance during the period 2006-2013. It emerges that microfinance in Europe is a highly segmented and heterogeneous industry, both in terms of providers’ institutional characteristics and regional business models.
JEL codes: G21, A13
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