Impact Investment and Transformation of Microfinance Institutions in India

Contents: 1. Introduction. 2. Literature Review. 3. Evolution of Microfinance in India. 4. Theory of Impact Evaluation. 5. Research Methodology. 6. Impact of Group Lending on Households. 7. Analysis of Microfinance Institutions. 8. Transformation of Microfinance Institutions. 9. Conclusion and Policy Implications. Bibliography. Appendices.

This book is a scholarly account on how microfinance – which started with a mission of social transfer – was transformed into a sustainable commercial business venture over the last three decades. It tries to identify the role of impact investment in transforming microfinance sector and deep dives into the factors behind the successful transition of Bandhan, Equitas and Ujjivan into leading banks in India. The book draws some policy recommendations to further deepen and broaden financial inclusion in the country.