Private financing of microcredit: The models and potential of United States socially responsible investment in international small enterprise credit (Ph.D. Dissertation)
This study evaluates the advantages and drawbacks of U.S. socially responsible community investment (SRCI) as a source of loan capital by microfinance institutions (MFIs), which offer loans to low-income entrepreneurs in developing countries. The study finds that SRCI capital offers an appropriate capital source to MFIs. This research examines nine SRCI debt mechanisms, which are compared to determine the benefits and limitations of each from the perspectives of U.S. investors and MFI borrowers.