Microfinance and capital markets: The initial listing/public offering of four leading institutions

Abstract

Within the past few years, a new phenomenon has taken place among the world's leading microfinance institutions (MFIs) – entry into new capital markets through initial public offerings (IPOs). “Going public” launches MFIs into a new frontier, not only presenting challenges but also providing new opportunities for the institutions and the clients they serve.

Citation

Lieberman, I.W., Anderson, A., Grafe, Z., Campbell, B. and Kopf, D. (2009), "Microfinance and capital markets: The initial listing/public offering of four leading institutions", Watkins, T.A. and Hicks, K. (Ed.) Moving Beyond Storytelling: Emerging Research in Microfinance (Contemporary Studies in Economic and Financial Analysis, Vol. 92), Emerald Group Publishing Limited, Leeds, pp. 31-80. https://doi.org/10.1108/S1569-3759(2009)0000092005