Microbanks: Subsidy Dependent or Self-Sufficient?
by Matthew Conner
Cull, Robert, Asli Demirgüç-Kent, and Jonathan Morduch. “Financial Performance and Outreach: A Global Analysis of Leading Microbanks.” World Bank Policy Research Working Paper 3827, February 2006.
Morduch, Jonathan. “The Role of Subsidies in Microfinance: Evidence from the Grameen Bank.” Journal of Development Economics, 1999, vol. 60, pp. 229-248.