Lauer, Kate2012-08-132012-08-132008-09https://hdl.handle.net/10986/9505More 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.CC BY 3.0 IGOACCESS TO FINANCIAL SERVICESASSETSBORROWINGSCAPITAL ADEQUACYCONFLICT OF INTERESTCONTRACTUAL OBLIGATIONSCORPORATE GOVERNANCEDEBTDEBT AGREEMENTSEMPLOYEEEMPLOYEE CONTRACTSEXISTING DEBTFINANCIAL INSTITUTIONSFINANCIAL REGULATORFOREIGN OWNERSHIPFORMAL FINANCIAL SERVICESGRANT FUNDINGHOLDINGINTANGIBLESINVESTINGISSUANCELEGAL COUNSELLEGAL REQUIREMENTSLENDERSLOANLOAN PORTFOLIOMFIMFISMICROFINANCEMICROFINANCE INSTITUTIONSMINIMUM CAPITAL REQUIREMENTMINORITY SHAREHOLDERSNEW COMPANYOFFER PRICEOUTSIDE INVESTORSPARTYPRIVATE PARTIESREPAYMENTSAVINGSSHAREHOLDERTRANSACTIONTRANSFER OF ASSETSTRUSTEETRUSTEESWorld Bank10.1596/9505