Publication: NGO MFI Transformations : Ownership Issues
More and more nonprofit microfinance institutions (NGO MFIs) are transforming into for profit companies, including regulated financial institutions. Transformations are typically driven by one or more of the following factors: an MFI's need for capital, its desire to offer services that may be limited to regulated financial institutions (such as savings), and new legislation or regulation requiring or permitting transformation.
“Lauer, Kate. 2008. NGO MFI Transformations : Ownership Issues. CGAP Brief. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/bef06564-e6ca-597d-acf2-a0ecf21819df License: CC BY 3.0 IGO.”