Financial Institutions with a Double Bottom Line: Implications for the Future of Microfinance

July, 2004     Robert Peck Christen, Richard Rosenberg, Veena Jayadeva

CGAP recently surveyed the global outreach of a broader set of institutions, all of which focus to some degree on extending financial services downward from the economic level of the traditional clients of commercial banks. Thus, these institutions have a “double The research reported in this paper suggests that specialized MFIs account for a relatively small proportion
of the total savings and loan services delivered by AFIs.