Third European Research Conference on Microfinance
Third European Research Conference on Microfinance
Third European Research Conference on Microfinance
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ORGANISED BY<br />
THIRD EUROPEAN RESEARCH CONFERENCE ON MICROFINANCE<br />
JUNE 10 – 12, 2013<br />
<str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> Venue<br />
University of Agder<br />
Kristiansand,<br />
Norway
Overview of <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> Program<br />
8:30 – 9:00<br />
M<strong>on</strong>day, June 10<br />
Registrati<strong>on</strong><br />
9:00 – 10:45<br />
Opening sessi<strong>on</strong> and plenary speakers<br />
10:45 – 11:15<br />
Coffee Break<br />
11:15 – 13:00<br />
Parallel Sessi<strong>on</strong>s 1<br />
1.1 Microinsurance Network and the ILO’s<br />
Microinsurance Innovati<strong>on</strong> Facility, Sessi<strong>on</strong> 1<br />
1.2 <strong>Microfinance</strong> and Women’s Empowerment<br />
1.3 Entrepreneurship and <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
1.4 Financial Inclusi<strong>on</strong> and Poverty Alleviati<strong>on</strong><br />
1.5 The Management of <strong>Microfinance</strong> Organizati<strong>on</strong>s<br />
1.6 Poor People’s access to Finance<br />
1.7 Social Capital and Repayment Rates<br />
13:00 – 14:00<br />
14:00 – 15:45<br />
15:45 – 16:15<br />
Lunch<br />
Parallel Sessi<strong>on</strong>s 2<br />
2.1 Microinsurance Network and the ILO’s<br />
Microinsurance Innovati<strong>on</strong> Facility, Sessi<strong>on</strong> 2<br />
2.2 Interest Rates in <strong>Microfinance</strong><br />
2.3 Loan Determinati<strong>on</strong> and Loan Diversi<strong>on</strong><br />
2.4 Impact Evaluati<strong>on</strong> of MFIs<br />
2.5 Issues in Competiti<strong>on</strong> and Internati<strong>on</strong>alizati<strong>on</strong><br />
2.6 Financial Literacy<br />
2.7 Social Entrepreneurship and Self-employment<br />
16:15 – 18:00<br />
Coffee Break<br />
Parallel Sessi<strong>on</strong>s 3<br />
3.1 Joint ILO and University of Mannheim Sessi<strong>on</strong><br />
3.2 Evaluating the Performance and Management<br />
of MFIs<br />
3.3 Innovati<strong>on</strong>s in the Provisi<strong>on</strong> of<br />
<strong>Microfinance</strong> Services<br />
3.4 Impact of <strong>Microfinance</strong> at the Macro Level<br />
3.5 Gender, Percepti<strong>on</strong>s and <strong>Microfinance</strong><br />
3.6 Microinsurance for Household Risk Coping<br />
3.7 Investments and Issues in <strong>Microfinance</strong><br />
Dinner at UiA Cafeteria<br />
Room<br />
B2 003<br />
B2 001<br />
B2 002<br />
B2 004<br />
B2 006<br />
B3 001<br />
B3 008<br />
B2 003<br />
B2 001<br />
B2 002<br />
B2 004<br />
B2 006<br />
B3 001<br />
B3 008<br />
B2 003<br />
B2 001<br />
B2 002<br />
B2 004<br />
B2 006<br />
B3 008<br />
B3 001<br />
Tuesday, June 11<br />
Registrati<strong>on</strong><br />
Plenary Speakers<br />
Coffee Break<br />
Parallel Sessi<strong>on</strong>s 4<br />
4.1 Multiple Borrowing and Over-indebtedness<br />
4.2 Governance of <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
4.3 <str<strong>on</strong>g>European</str<strong>on</strong>g> <strong>Microfinance</strong> Network Sessi<strong>on</strong><br />
4.4 Behavioral Ec<strong>on</strong>omics and Lending<br />
Methodologies<br />
4.5 Operati<strong>on</strong>al Efficiency of <strong>Microfinance</strong><br />
Instituti<strong>on</strong>s<br />
4.6 Impact of Microcredit <strong>on</strong> Poverty Alleviati<strong>on</strong><br />
4.7 <strong>Microfinance</strong> Clients<br />
Lunch<br />
Parallel Sessi<strong>on</strong>s 5<br />
5.1 Relati<strong>on</strong>ship between Entrepreneurial<br />
Activity and <strong>Microfinance</strong><br />
5.2 Formal vs. Informal Lending<br />
5.3 University Meets <strong>Microfinance</strong> (UMM)<br />
Student Sessi<strong>on</strong><br />
5.4 Loan Size and Repayment Rates<br />
5.5 Risk Management in <strong>Microfinance</strong><br />
Instituti<strong>on</strong>s<br />
5.6 Impact of Savings Groups and Microsavings<br />
<strong>on</strong> Household Welfare<br />
Coffee Break<br />
Parallel Sessi<strong>on</strong>s 6<br />
6.1 Assessment of Financial Performance of<br />
MFI’s<br />
6.2 Mobile M<strong>on</strong>ey and Branchless Banking<br />
6.3 Regulati<strong>on</strong> and Policy Issues in <strong>Microfinance</strong><br />
6.4 <strong>Microfinance</strong> and Development<br />
6.5 <strong>Microfinance</strong> in a Different C<strong>on</strong>text<br />
6.6 Transformati<strong>on</strong> and Business Models in<br />
<strong>Microfinance</strong><br />
Gala Dinner at Christiansholm Fortress<br />
Room<br />
B2 001<br />
B2 002<br />
B2 003<br />
B2 004<br />
B2 006<br />
B3 001<br />
B3 008<br />
B2 001<br />
B2 002<br />
B2 003<br />
B2 004<br />
B2 006<br />
B3 001<br />
B3 008<br />
B2 001<br />
B2 002<br />
B2 004<br />
B3 001<br />
B3 008<br />
B2 006<br />
Wednesday, June 12<br />
Registrati<strong>on</strong><br />
Plenary Speakers<br />
Coffee Break<br />
Parallel Sessi<strong>on</strong>s 7<br />
7.1 Women’s Participati<strong>on</strong> in Financial Services<br />
7.2 Group Lending and Peer-to-peer Lending<br />
7.3 Impact of Self-help Groups<br />
7.4 Financial Sustainability of MFIs and<br />
Poverty Outreach<br />
7.5 Social Impact of <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
7.6 Missi<strong>on</strong> Drift and Efficiency of<br />
<strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
Lunch<br />
End of <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g><br />
Room<br />
B2 001<br />
B2 002<br />
B2 004<br />
B2 006<br />
B3 001<br />
B3 008
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
8:30 – 9:00 Registrati<strong>on</strong> (Building B, Main Foyer)<br />
9:00 – 10.45 Plenary Sessi<strong>on</strong>, Auditorium B1 018<br />
Welcome Remarks<br />
> Roy Mersland, <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> Chair<br />
> Christoph Pausch, Executive Secretary, <str<strong>on</strong>g>European</str<strong>on</strong>g> <strong>Microfinance</strong> Platform<br />
Plenary Speakers<br />
> Malcolm Harper (Cranfield School of Management, UK), “<strong>Microfinance</strong>;<br />
where did I and it go wr<strong>on</strong>g?”<br />
> Mark Rosenzweig (Yale University, USA), “Informal Risk-Sharing,<br />
Weather Insurance and Risk-Taking”<br />
> Susan Johns<strong>on</strong> (University of Bath, UK), “Competing Visi<strong>on</strong>s of Inclusi<strong>on</strong><br />
in Kenya’s Financial Landscape: The Rift Revealed by Mobile M<strong>on</strong>ey Transfer”<br />
> David Roodman (Center for Global Development, USA), “The Virtues and<br />
Limits of RCTs: Less<strong>on</strong>s from a Comprehensive Investigati<strong>on</strong> into <strong>Microfinance</strong>”<br />
Chair: Marek Hud<strong>on</strong> (CERMi, Université Libre de Bruxelles, Belgium)<br />
10:45 – 11:15 Coffee Break (outside Auditorium B1 018)<br />
11:15 – 13:00 Parallel Sessi<strong>on</strong>s<br />
Room: B2 003<br />
1.1 Microinsurance Network and the ILO’s Microinsurance Innovati<strong>on</strong> Facility<br />
Sessi<strong>on</strong> chair: Karljin Morsink (Microinsurance Network <str<strong>on</strong>g>Research</str<strong>on</strong>g> Discussi<strong>on</strong> Group and<br />
University of Oxford)<br />
Sessi<strong>on</strong> 1. Why low-income households d<strong>on</strong>’t buy insurance and what can we do about it?<br />
Aparna Dalal (ILO’s Microinsurance Innovati<strong>on</strong> Facility, Switzerland), “Why people d<strong>on</strong>’t buy<br />
microinsurance and what can we do about it?”<br />
J<strong>on</strong>athan Bauchet (New York University, USA), “Price and Informati<strong>on</strong> Type in Life<br />
Microinsurance Demand: Experimental Evidence from Mexico”<br />
Lena Giesbert (Humboldt University of Berlin, Germany) “Gender Differences in Micro Life<br />
Insurance Participati<strong>on</strong> in Ghana”, coauthor Tilman Brück<br />
Sessi<strong>on</strong> chair: Karljin Morsink (Microinsurance Network <str<strong>on</strong>g>Research</str<strong>on</strong>g> Discussi<strong>on</strong> Group and<br />
University of Oxford)<br />
Room: B2 001<br />
1.2 <strong>Microfinance</strong> and Women’s Empowerment<br />
Sessi<strong>on</strong> chair: ATM Jahiruddin<br />
Abel Asemota (Ambrose Alli University, Nigeria), “The Effect of <strong>Microfinance</strong> <strong>on</strong> Women<br />
Household Decisi<strong>on</strong> Making and Self C<strong>on</strong>fidence”, coauthor E.I. Isiramen
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
ATM Jahiruddin (Khulna University, Bangladesh), “Microcredit Family Violence –<br />
Experiences of Different Groups of Women in Bangladesh” , coauthors Patricia Short, M. Adil<br />
Khan and Tania Afroze<br />
Remy O. Mejeha (Michael Okpara University of Agriculture, Nigeria), “Microfinancing and<br />
Ec<strong>on</strong>omic Empowerment of Women in Nigeria”, coauthor Adanne Onuoha<br />
Madiha Khan (University of Malakand, Pakistan), “Women Empowerment and <strong>Microfinance</strong>”<br />
Room: B2 002<br />
1.3 Entrepreneurship and <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
Sessi<strong>on</strong> chair: Jacqueline Mgumia<br />
Chandralekha Ghosh (West Bengal State University, India) “Does <strong>Microfinance</strong> Instituti<strong>on</strong><br />
Really Help Micro Enterprises? A Case Study of Mumbai Slums”, coauthor Samapti Guha<br />
Oliver Zohoré Koudou (Université FHB d’Abidjan-Cocody, Côte d’Ivoire) “How can<br />
<strong>Microfinance</strong> Instituti<strong>on</strong>s Promote Entrepreneurship in Côte d’Ivoire?”<br />
Ruwan Abeysekera (Bournemouth University, UK), “Enhancing Entrepreneurship:<br />
Developing a model using the theory of Co-producti<strong>on</strong> to examine the performance of<br />
Business Development Services provided by Micro Finance Instituti<strong>on</strong>s”<br />
Jacqueline Mgumia (University of Witwatersrand, South Africa), “Multiple Functi<strong>on</strong>s of<br />
M<strong>on</strong>ey in the C<strong>on</strong>text of Urban Poverty and Unemployment:<br />
The Case of Aspiring Young Entrepreneurs in Tanzania”<br />
Room: B2 004<br />
1.4 Financial Inclusi<strong>on</strong> and Poverty Alleviati<strong>on</strong><br />
Sessi<strong>on</strong> chair: Ana Marr<br />
Ana Marr (University of Greenwich, UK), “Financial Inclusi<strong>on</strong> and Poverty: The case of Peru”,<br />
coauthor Julian Schmied<br />
Øystein Strøm (Oslo and Akershus University College, Norway), “Source of Funding and<br />
Efficiency of <strong>Microfinance</strong> Instituti<strong>on</strong>s”, coauthor Mariya I. Pylypiv<br />
Savita Shankar (Asian Institute of Management, Phillipines), “Applicati<strong>on</strong> of Alternate<br />
Framework for Assessing <strong>Microfinance</strong> Programs’ C<strong>on</strong>tributi<strong>on</strong> to Development:<br />
An empirical study in Tamil Nadu, India”<br />
Camille Sutt<strong>on</strong>-Brown (University of Pretoria, South Africa), “<strong>Microfinance</strong> and Women’s<br />
Empowerment: Voices from Mali”<br />
Room: B2 006<br />
1.5 The Management of <strong>Microfinance</strong> Organizati<strong>on</strong>s<br />
Sessi<strong>on</strong> chair: Alexander Pinz<br />
Alexander Pinz (University of Mannheim, Germany), “Success Factors of <strong>Microfinance</strong><br />
Instituti<strong>on</strong>s – State of the Art and <str<strong>on</strong>g>Research</str<strong>on</strong>g> Agenda”, coauthor Bernd Helmig
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
Daudi Pascal (University of Agder, Norway), “The influence of Chief Executive Officer<br />
Characteristics and MFIs performance”, coauthors Roy Merlsand and Neema Mori<br />
Akanga Fidelis K. (University of Essex, UK), “<strong>Microfinance</strong> Accountability in Camero<strong>on</strong>: A<br />
Cure or a Curse for Poverty Alleviati<strong>on</strong>?”, coauthor Jayasinghe Kelum<br />
Wu Wei (University of Birmingham, UK), “FOSS Meets <strong>Microfinance</strong> – Case Study from<br />
China”, coauthor Li Jun<br />
Room: B3 001<br />
1.6 Poor People’s access to Finance<br />
Sessi<strong>on</strong> chair: Benjamin Guin<br />
M. Jahangir Alam Chowdhury (University of Dhaka, Bangladesh), “Does an Access to Credit<br />
Help Households in Recovering Natural Disaster Losses: Experience from Bangladesh”<br />
Raulin L. Cadet (Université Quisqueya, Haiti), “<strong>Microfinance</strong> in Haiti: Do the poorest have<br />
access to credit?”, coauthor Lenève Julien<br />
Benjamin Guin (University of St. Gallen, Switzerland), “<strong>Microfinance</strong> Banks and Household<br />
Access to Finance”, coauthors Martin Brown and Karolina Kirschenmann<br />
Oliver Schmidt (Mountains of the Mo<strong>on</strong> University, Uganda), “Financial behaviour of<br />
small-scale tea farmers and casual labourers in Western Uganda”<br />
Room: B3 008<br />
1.7 Social Capital and <strong>Microfinance</strong><br />
Sessi<strong>on</strong> chair: Julie-Marthe Lehmann<br />
13:00 – 14:00 Lunch at UiA Cafeteria<br />
14:00 – 15:45 Parallel Sessi<strong>on</strong>s<br />
Luminita Postelnicu (CERMi, Université Libre de Bruxelles, Belgium), “Social Capital and<br />
Repayment Performance of Group Lending in <strong>Microfinance</strong>”, coauthors Niels Hermes and<br />
Ariane Szafarz<br />
Julie-Marthe Lehmann (The Hague University of Applied Sciences, Netherlands), “’M<strong>on</strong>ey is<br />
m<strong>on</strong>ey. M<strong>on</strong>ey can talk to you.’ <strong>Microfinance</strong>: What can be learnt from informal financial<br />
associati<strong>on</strong>s in the Netherlands?”, coauthor Peer Smets<br />
Solène Morvant-Roux (Fribourg University, Switzerland) and Fouzi Mourji (Université<br />
Hassan II, Morocco), “Exploring the respective role played by supply and demand<br />
characteristics in repayment defaults: evidence from Morocco and Dominican Republic”,<br />
coauthors Trachsel Virginie and Cristian G<strong>on</strong>zález<br />
Room: B2 003<br />
2.1 Microinsurance Network and the ILO’s Microinsurance Innovati<strong>on</strong> Facility<br />
Chair: Michal Matul (ILO’s Microinsurance Innovati<strong>on</strong> Facility)<br />
Sessi<strong>on</strong> 2. Microinsurance and existing risk-management activities (could be preventive<br />
activities, savings, credit, farmer investment)
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
Ralf Radermarcher (Micro Insurance Academy and Microinsurance Network Impact Working<br />
Group), “Introducti<strong>on</strong> to impact studies and microinsurance”<br />
Karlijn Morsink (Microinsurance Network <str<strong>on</strong>g>Research</str<strong>on</strong>g> Discussi<strong>on</strong> Group and University of<br />
Oxford, UK), “Farm investments by Ethiopian smallholder farmers under indemnity and<br />
index insurance”, coauthors Tagel Gebrehiwot Gidey, Peter Geurts and Anne van de Veen<br />
Karla Henning (University of Göttingen, Germany), “Remittances and Weather Insurance:<br />
Evidence from Rainfall shocks in Ind<strong>on</strong>esia”, coauthor Tobias Lechtenfeld<br />
Syed M. Ahsan (Institute of <strong>Microfinance</strong>, Bangladesh), “Micro Health Insurance in<br />
Bangladesh: Innovati<strong>on</strong>s in Design, Delivery and Distributi<strong>on</strong> Channels”, coauthors Syed<br />
Abdul Hamid, Shubhasish Barua, Mohammad Rifat Haider, and Chowdhury Abdullah Al Asif<br />
Room: B2 001<br />
2.2 Interest Rates in <strong>Microfinance</strong><br />
Sessi<strong>on</strong> chair: Carolina Laureti<br />
Christopher Priberny (University of Regensburg, Germany), “What determines microcredit<br />
interest rates?”, coauthors Gregor Dorfleitner, Michaela Leidl and J. v<strong>on</strong> Mosch<br />
Sven Resnjanskij (University of K<strong>on</strong>stanz, Germany), “Negative Nominal Interest Rates in<br />
Develop ing Countries: The Case of Ghana”<br />
Carolina Laureti (CERMi, University of M<strong>on</strong>s, Université Libre de Bruxelles, Belgium), “The<br />
Time-Inc<strong>on</strong>sistency Factor: How Banks Adapt to their Mix of Savers”, coauthor Ariane Szafarz<br />
Satish Pillarisetti (Nati<strong>on</strong>al Bank for Agriculture and Rural Development, India), “Does a<br />
market still exist for MFI’s in India?<br />
Room: B2 002<br />
2.3 Loan Determinati<strong>on</strong> and Loan Diversi<strong>on</strong><br />
Sessi<strong>on</strong> chair: Pasqualina Porreta<br />
Glòria Estapé-Dubreuil (Aut<strong>on</strong>omous University of Barcel<strong>on</strong>a, Spain), “Microguarantees for<br />
microcredits: A modeling for loan amount determinati<strong>on</strong>”, coauthors Arvind Ashta and Zaka<br />
Ratsimalahelo<br />
Pasqualina Porretta (University of Rome, Italy), “Guarantee funds in microfinance:<br />
a comparative analysis”, coauthors Paola Le<strong>on</strong>e and Sabrina Leo<br />
Malabika Roy (Jadavpur University, India),”Loan Diversi<strong>on</strong>: An empirical analysis”,<br />
coauthors Tanmoyee Banerjee, Chandralekha Ghosh and Ajitava Raychaudhuri<br />
MFIs<br />
Room: B2 004<br />
Vitalie Bumacov (Burgundy School of Business, France), “The use of Credit Scoring and<br />
Poverty Scoring in microfinance instituti<strong>on</strong>s in developing countries” B2 004<br />
2.4 Impact Evaluati<strong>on</strong> of MFIs<br />
Sessi<strong>on</strong> chair: R<strong>on</strong>ny Manos
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
Christopher C. King (Saint Louis University, USA), “Evaluating the Performance of<br />
<strong>Microfinance</strong> Programs by Measuring Changes in Income and Capital Scales”<br />
R<strong>on</strong>ny Manos (The College of Management, Israel), “Determinants of Performance in the<br />
<strong>Microfinance</strong> Industry: The Role of Culture”, coauthor Le<strong>on</strong>id Tsytrinbaum and Israel Drori<br />
Hayyan Alia (University of Franche-Comté and Burgundy School of Business, France),<br />
“Qualitative Ec<strong>on</strong>omic Impact Evaluati<strong>on</strong> in <strong>Microfinance</strong>: The Use of Diary Methods”<br />
Heriyaldi (Padjadjaran University, Ind<strong>on</strong>esia), “Does <strong>Microfinance</strong> Instituti<strong>on</strong> Improve<br />
Welfare? A Double Difference Analysis of Ind<strong>on</strong>esian Community-level Data”, coauthor Arief<br />
Anshory Yusuf<br />
Room: B2 006<br />
2.5 5 Issues in Competiti<strong>on</strong> and Internati<strong>on</strong>alizati<strong>on</strong><br />
Sessi<strong>on</strong> chair: Djamchid Assadi<br />
Djamchid Assadi (Burgundy School of Business, France), “Marketing Analysis of Emerging<br />
Peer-to-Peer Markets <strong>on</strong> the Internet. A Case Study of Online Peer-to-Peer Lending Websites”<br />
Paolo Casini (University of Leuven, Belgium), “Microcredit and Price Competiti<strong>on</strong>:<br />
standardize to differentiate”<br />
J<strong>on</strong>as Gödicke (University of Agder, CERMi, Université Libre de Bruxelles, Belgium),<br />
“Competiti<strong>on</strong> in <strong>Microfinance</strong>: Less<strong>on</strong>s from the Banking Literature”<br />
Amila Buddhika Sirisena (University of Agder, Norway), “Internati<strong>on</strong>alizati<strong>on</strong> of the<br />
n<strong>on</strong>-profit firm”<br />
Room: B3 001<br />
2.6 Financial Literacy<br />
Sessi<strong>on</strong> chair: Aljar Meesters<br />
Aussi Sayinzoga (Wageningen University, Netherlands), “Financial educati<strong>on</strong> impact <strong>on</strong><br />
savings”, coauthors Erwin Bulte and Robert Lensink<br />
Cherif Diagne (Audencia Nantes School of Management, France), “Financial Literacy and<br />
Debt Literacy Amid the Poor”, coauthor Christophe Villa<br />
Aljar Meesters (University of Gr<strong>on</strong>ingen, Netherlands) “Evaluating the Impact of Training of<br />
<strong>Microfinance</strong> Members <strong>on</strong> Financial Literacy and Livelihood”, coauthor Robert Lensink<br />
Olga Biosca (Glasgow Caled<strong>on</strong>ian University, UK), “Tightening the ‘Safety Net’: <strong>Microfinance</strong><br />
Health Services and C<strong>on</strong>diti<strong>on</strong>al Cash Transfers”, coauthors Pamela Lent<strong>on</strong> and Paul Mosley<br />
Room: B3 008<br />
2.7 Social Entrepreneurship and Self-employment<br />
Sessi<strong>on</strong> chair: Lars-Ivar Oppedal Berge<br />
Lars-Ivar Oppedal Berge (Norwegian School of Ec<strong>on</strong>omics, Norway), “Selecti<strong>on</strong> into
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
microfinance and entrepreneurship: Lab-evidence from Tanzania”, coauthor Armando Jose<br />
Garcia Pires<br />
Katarzyna Cieslik (CERMi, Université Libre de Bruxelles, Belgium), “Illicit Entrepreneurs –<br />
Value Appropriati<strong>on</strong> by <strong>Microfinance</strong> Clients in Rural Burundi”<br />
Héger Gabteni (ESG Management School, France), “<strong>Microfinance</strong> as social<br />
entrepreneurship”, coauthors Adil Bami and Ghasem Shiri<br />
Kabir Ahmed (Central Bank of Bangladesh, Bangladesh) “Effect of Local Financial<br />
Development <strong>on</strong> Rural Households’ Occupati<strong>on</strong>al Choices”<br />
15:45 – 16:15 Coffee Break (outside Auditorium B1 018)<br />
16:15 – 18:00 Parallel Sessi<strong>on</strong>s<br />
Room: B2 003<br />
3.1 Joint ILO and University of Mannheim Sessi<strong>on</strong><br />
Sessi<strong>on</strong> chair: Patricia Richter<br />
How do MFIs c<strong>on</strong>tribute to improving clients’ livelihoods? Evidence from 15 impact<br />
evaluati<strong>on</strong>s of the ILO <strong>Microfinance</strong> for Decent Work acti<strong>on</strong> research programme.<br />
Presenters:<br />
Niels Kemper (University of Mannheim), Andreas Landmann (University of<br />
Mannheim), Manuel Margate (NWTF), Muhammed Waqar Tahir (NRSP),<br />
Patricia Richter (ILO)<br />
ILO Social Finance Programme and University of Mannheim, “How do MFIs c<strong>on</strong>tribute to<br />
improving clients’ livelihoods? Evidence from 15 impact evaluati<strong>on</strong>s of the ILO <strong>Microfinance</strong><br />
for Decent Work acti<strong>on</strong> research programme. Synthesis Report.”<br />
Brede, V., Froelich, M., Kemper, N., Richter, P. and R. Poppe, “<strong>Microfinance</strong> and Risk<br />
Management: An impact assessment of an individual emergency fund, NWTF Philippines”<br />
Landmann A. and M. Froelich, “Can <strong>Microfinance</strong> Help Prevent Child Labor? An Impact<br />
Evaluati<strong>on</strong> from Pakistan”<br />
Room: B2 001<br />
3.2 Evaluating the Performance and Management of MFIs<br />
Sessi<strong>on</strong> chair: Leif Atle Beisland<br />
Hailemichael Tesfay Gessesse (Mekelle University, Ethiopia), “Efficienty of <strong>Microfinance</strong><br />
Instituti<strong>on</strong>s in Ethiopia: DEA Approach”, coauthor Guesh G/Meskel Ambaye<br />
Isabelle Piot-Lepetit (Institut Nati<strong>on</strong>al de la Recherche Agr<strong>on</strong>omique, France), “Performance<br />
measurement and benchmarking paths for microfinance instituti<strong>on</strong>s with a<br />
c<strong>on</strong>text-dependent DEA and outreach scorecard approach: An applicati<strong>on</strong> to MC2 in<br />
Camero<strong>on</strong>”, coauthor Joseph Nz<strong>on</strong>gang
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
Henri Tabi Ngoa (University of Yaounde Il-Soa, Camero<strong>on</strong>), “Efficiency of <strong>Microfinance</strong><br />
Instituti<strong>on</strong>s in the fight against poverty in Camero<strong>on</strong>: The Malmquist Approach”, coauthor<br />
Henri Atanga Ondoa<br />
Jean –Yves Moisser<strong>on</strong> (Institut de Recherche pour le Developpement, France),<br />
“The Janus-figure of the <strong>Microfinance</strong> credit-agent between two orders of legitimacy”,<br />
coauthor Hind Malanaïne<br />
Adel Varghese (Texas A. & M. University, USA), “Corresp<strong>on</strong>dents as Screeners”<br />
Leif Atle Beisland (University of Agder, Norway), “Staff Characteristics and the Exclusi<strong>on</strong> of<br />
Pers<strong>on</strong>s with Disabilities: Evidence from the <strong>Microfinance</strong> Industry in Uganda”, coauthor Roy<br />
Mersland<br />
Room: B2 002<br />
3.3 Innovati<strong>on</strong>s in the Provisi<strong>on</strong> of <strong>Microfinance</strong> Services<br />
Sessi<strong>on</strong> chair: Glòria Estapé-Dubreuil<br />
Eva Van Leemput (University of Notre Dame, USA), “Can Self-Help Groups Really be<br />
‘Self-Help’?”, coauthors Brian Greaney and Joseph P. Kaboski<br />
Glòria Estapé-Dubreuil (Aut<strong>on</strong>omous University of Barcel<strong>on</strong>a, Spain), “Accelerators and<br />
Bottlenecks in the diffusi<strong>on</strong> of social innovati<strong>on</strong> of CIGALES micro-equity”, coauthors Arvind<br />
Astha and Jean-Pierre Hédou<br />
Laurence Attuel-Mendés (Burgundy School of Business, France), “Crowdfunding Platforms<br />
for <strong>Microfinance</strong>: A New Way to Eradicate Poverty through the Creati<strong>on</strong> of a Global Hub?”<br />
Maude Massu (CARE Internati<strong>on</strong>al UK), “C<strong>on</strong>necting the World’s Poorest People to the Global<br />
Ec<strong>on</strong>omy”<br />
Room: B2 004<br />
3.4 Impact of <strong>Microfinance</strong> at the Macro Level<br />
Sessi<strong>on</strong> chair: Ver<strong>on</strong>ica Trujillo Tejada<br />
Nargiza Alimukhamedova (Charles University, Czech Republic), “What do We Know About<br />
<strong>Microfinance</strong> at Macro Glance?”<br />
Eveline Baumann (Institut de Recherche pour le Developpement, France), “Senegal: the<br />
Rise and Foretold Fall of <strong>Microfinance</strong>”, coauthor Mouhamedoune Abdoulaya Fall<br />
Fabrizio Botti (University of Perugia, Italy), “Financial Exclusi<strong>on</strong> and the Cost of Incomplete<br />
Participati<strong>on</strong>: Implicati<strong>on</strong>s for <strong>Microfinance</strong>”, coauthor Carlo A. Bollino<br />
Verónica Trujillo Tejada (Salamanca University, Spain), “<strong>Microfinance</strong> Regulati<strong>on</strong> and market<br />
development in Latin America”, coauthors Fernando Rodríguez López and Victoria Muriel<br />
Patino<br />
Room: B2 006<br />
3.5 Gender, Percepti<strong>on</strong>s and <strong>Microfinance</strong><br />
Sessi<strong>on</strong> chair: Susan Steiner
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> MONDAY JUNE 10<br />
Susan Steiner (Leibniz Universität Hannover, Germany), “Client Percepti<strong>on</strong>s of the Value of<br />
Microinsurance: Evidence from Southern Ghana”, coauthor Lena Giesbert<br />
Ranveig Falch (Norwegian School of Ec<strong>on</strong>omics, Norway), “Women, c<strong>on</strong>text and<br />
competiti<strong>on</strong>: Findings from a lab-experiment in Uganda”, coauthors Kjetil Bjorvatn and<br />
Ulrikke Hernæs<br />
Marina De Angelis (Sapienza University, Italy), “Gender discriminati<strong>on</strong> in <strong>Microfinance</strong>:<br />
Evidence from Uganda”, coauthor Marcella Corsi<br />
Marié Kirsten (Development Southern Africa Journal, South Africa), “<strong>Microfinance</strong> and<br />
women’s well-being: evidence from South Africa”<br />
Room: B3 008<br />
3.6 Microinsurance for Household Risk Coping<br />
Sessi<strong>on</strong> chair: Yaya Koloma<br />
Yaya Koloma (Higher Educati<strong>on</strong> School of Internati<strong>on</strong>al Agro-Development, France), “Crop<br />
microinsurance, what is the particular relevance to farmers in Burkina?”, coauthor Gabriel<br />
Neyra and Marc Oswald<br />
Basanta K. Sahu Sahu (Indian Institute of Foreign Trade, India), “Building Security for the<br />
Low Income Households: An Analysis of Microinsurance in India”<br />
Muhammad Ali Qamar (Punjab University, Pakistan),“Micro-insurance: How to Make it<br />
Success”, coauthor Sameen Masood<br />
Room: B3 001<br />
3.7 Investments and Issues in <strong>Microfinance</strong><br />
Sessi<strong>on</strong> chair: Julia Meyer<br />
Julia Meyer (University of Zurich, Switzerland), “Social versus Financial Return of<br />
Investments in <strong>Microfinance</strong>”<br />
Barbora Svárovská (Charles University, Czech Republic), “Can Investment in <strong>Microfinance</strong><br />
Funds Improve Risk-Return Characteristics of a Portfolio?”, coauthors Karel Janda and<br />
Gord<strong>on</strong> Rausser<br />
Marek Hud<strong>on</strong> (CERMi, Université Libre de Bruxelles, Belgium), “Effects of transformati<strong>on</strong> of<br />
microfinance instituti<strong>on</strong>s: Global empirical evidence”, coauthors Roy Mersland and Bert<br />
D’Espallier<br />
P<strong>on</strong>tus Engstrøm (University of Agder), “<strong>Microfinance</strong> and Entrepreneurship Theory”<br />
18:30 DINNER<br />
Locati<strong>on</strong>: UiA Cafeteria<br />
Menu: Tapas Buffet<br />
Music by Lisa and Svein Helge, Norwegian traditi<strong>on</strong>al s<strong>on</strong>gs and soft music
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY MONDAY JUNE 10 11<br />
8:30 – 9:00 Registrati<strong>on</strong> (Building B, Main Foyer)<br />
9:00 – 10.45 Plenary Sessi<strong>on</strong>, Auditorium B1 018<br />
Plenary Speakers<br />
> Robert Lensink (University of Gr<strong>on</strong>ingen, Netherlands), “The relevance of using<br />
experimental games in microfinance research”<br />
> Manuela Angelucci (University of Michigan, USA), “Randomized trial impact<br />
evaluati<strong>on</strong> of Compartamos”<br />
> Valentina Hartarska (Auburn University, USA), “Savings and Sustainability of<br />
<strong>Microfinance</strong> Instituti<strong>on</strong>s”<br />
> Timothy Guinnane (Yale University, USA), “Historical instituti<strong>on</strong>s in today’s<br />
microfinance landscape”<br />
> Kjetil Bjorvatn (Norwegian School of Ec<strong>on</strong>omics, Norway), “Youth and<br />
Entrepreneurship in Tanzania”<br />
Chair: Niels Hermes (University of Gr<strong>on</strong>ingen, Netherlands)<br />
10:45 – 11:15 Coffee Break (outside Auditorium B1 018)<br />
11:15 – 13:00 Parallel Sessi<strong>on</strong>s<br />
Room: B2 001<br />
4.1 Multiple Borrowing and Over-indebtedness<br />
Sessi<strong>on</strong> chair: Miriam Matzanke<br />
Benedikt Booker (University of Regensburg, Germany), “Good Intenti<strong>on</strong>s Pave the Way to…<br />
the Local M<strong>on</strong>eylender”, coauthor Lutz G. Arnold<br />
Ganga Tilakaratna (Institute for Policy Studies, Sri Lanka), “<strong>Microfinance</strong> and Multiple<br />
Borrowing in Sri Lanka – Another Micro-credit Bubble in South Asia?”, coauthor David Hulme<br />
Miriam Matzanke (University of Greenwich, UK), “Cross-borrowing and its impact <strong>on</strong><br />
micro-entrepreneurs’ indebtedness and well-being in Lima, Peru”, coauthors Ana Marr and<br />
John Orchard<br />
Carolina Laureti (CERMi, University of M<strong>on</strong>s, Université Libre de Bruxelles, Belgium),<br />
“The Debt Puzzle in the Dhaka Slums: Clues <strong>on</strong> the Liquidity/Commitment Dilemma?”<br />
Room: B2 002<br />
4.2 Governance of <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
Sessi<strong>on</strong> chair: Tr<strong>on</strong>d Randøy<br />
Niels Hermes (University of Gr<strong>on</strong>ingen, Netherlands), “Making <strong>Microfinance</strong> Boards<br />
Effective: An Empirical Analysis”, coauthors Neema Mori and Tr<strong>on</strong>d Randøy<br />
Neema Mori (University of Agder, Norway), “Board Committees and Performance of<br />
<strong>Microfinance</strong> Instituti<strong>on</strong>s: Evidence from Ethiopia”, coauthors Muluneh Dato and Roy<br />
Mersland
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY JUNE 11<br />
Tr<strong>on</strong>d Randøy (University of Agder, Norway), “The effect of Corporate Governance <strong>on</strong><br />
<strong>Microfinance</strong> Instituti<strong>on</strong>s’ Rating Scores: A Global Study”, coauthors Leif Atle Beisland and<br />
Roy Mersland<br />
Muluneh Hideto (Jimma University, Ethiopia), “Corporate Governance and Agency Costs in<br />
<strong>Microfinance</strong> Organizati<strong>on</strong>s”, coauthors Roy Mersland and Daudi Pascal<br />
Room: B2 003<br />
4.3 <str<strong>on</strong>g>European</str<strong>on</strong>g> <strong>Microfinance</strong> Network Sessi<strong>on</strong><br />
Sessi<strong>on</strong> chair: Marcella Corsi<br />
Glòria Estapé-Dubreuil (Aut<strong>on</strong>omous University of Barcel<strong>on</strong>a, Spain), “Analysing the<br />
Micro-angels key success factors to alternative and sustainable development”<br />
Marina De Angelis (Sapienza University, Italy), “Impact of microcredit in Europe: A social<br />
performance analysis”, coauthors Fabrizio Botti and Marcella Corsi<br />
Marinette Kamaha (Bordeaux University, France), “The social performance of the n<strong>on</strong>-bank<br />
microcredit in France”<br />
Safia Sahaimi (Aut<strong>on</strong>omous University of Madrid) “Risk Management and MFIs”<br />
Room: B2 004<br />
4.4 Behavioral Ec<strong>on</strong>omics and Lending Methodologies<br />
Sessi<strong>on</strong> chair: Øystein Strøm<br />
Bertil Tungodden (Norwegian School of Ec<strong>on</strong>omics, Norway), “Disabled by stereotype?<br />
Experimental evidence from Uganda”, coauthor Kjetil Bjorvatn<br />
Øystein Strøm (Oslo and Akershus University College, Norway), “Group and Individual loan<br />
in <strong>Microfinance</strong>”, coauthor Roy Mersland<br />
Armando Jose Garcia Pires (Institute for <str<strong>on</strong>g>Research</str<strong>on</strong>g> in Ec<strong>on</strong>omics and Business<br />
Administrati<strong>on</strong>, Norway), “Can Lab Behavior Predict Entrepreneurship Outcomes”, coauthor<br />
Lars-Ivar Oppedal Berge, Kjetil Bjorvatn, and Bertil Tungodden<br />
Carmen Kislat (Leibniz Universität Hannover, Germany), “The use of Collateral in formal and<br />
informal lending”, coauthors Lukas Menkhoff and Doris Neuberger<br />
Room B2 006<br />
4.5 Operati<strong>on</strong>al Efficiency of <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
Sessi<strong>on</strong> chair: Ranjula Bali Swain<br />
Jaap W.B. Bos (Maastricht University, Netherlands), “Practice What you Preach:<br />
<strong>Microfinance</strong> Business Models and Operati<strong>on</strong>al Efficiency”, coauthor Matteo Mill<strong>on</strong>e<br />
Trishit Bandyopadhyay (XLRI School of Management, India), “The impact of the 2010 crisis<br />
<strong>on</strong> the Operati<strong>on</strong>al Efficiency of Indian <strong>Microfinance</strong> Instituti<strong>on</strong>s (MFIs)”, coauthor Savita<br />
Shankar<br />
M.A. Baqui Khalily (Institute of <strong>Microfinance</strong>, Bangladesh), “Impact of Regulati<strong>on</strong> <strong>on</strong> the
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY JUNE 11<br />
Cost Efficiency of <strong>Microfinance</strong> Instituti<strong>on</strong>s in Bangladesh”, coauthors M. Abdul Khaleque<br />
and S. Badruddoza<br />
Ashim Kumar Kar (University of Helsinki, Finland) and Ranjula Bali Swain (Uppsala<br />
University, Sweden) “Increased Competiti<strong>on</strong> am<strong>on</strong>g <strong>Microfinance</strong> Instituti<strong>on</strong>s and its effect<br />
<strong>on</strong> Outreach, Financial Performance and Efficiency: Recent Cross-country Evidence”<br />
Room: B3 001<br />
4.6 Impact of Microcredit <strong>on</strong> Poverty Alleviati<strong>on</strong><br />
Sessi<strong>on</strong> chair: Britta Augsburg<br />
Britta Augsburg (Institute for Fiscal Studies, UK), “<strong>Microfinance</strong>, Poverty and Educati<strong>on</strong>”,<br />
coauthors Ralph De Haas, Heike Harmgart and Costas Meghir<br />
Kumar Aniket (University of Cambridge, UK), “Bey<strong>on</strong>d Microcredit: Giving the Poor a Way to<br />
Save Their Way out of Poverty”<br />
ATM Jahiruddin (Khulna University, Bangladesh), “Microcredit and poverty reducti<strong>on</strong> – does<br />
the same shoe fit all?”, coauthors Patricia Short, M. Adil Khan and Tania Afroze<br />
E. A. Onemolease (Ambrose Alli University, Nigeria), “Effectiveness of private sector<br />
interventi<strong>on</strong> in Micro-credit delivery in Delta State of Nigeria. A case study of the Shell<br />
Petroleum Development Company”, coauthor S.O. Alakpa<br />
Room: B3 008<br />
4.7 <strong>Microfinance</strong> Clients<br />
Sessi<strong>on</strong> chair: Anaïs Périlleux<br />
13:00 – 14:00 Lunch at UiA Cafeteria<br />
Charlotte Wagner (Finance in Moti<strong>on</strong>, Germany), “Growth patterns of microfinance<br />
clients – Evidence from Sub-Saharan Africa”, coauthor Adalbert Winkler<br />
Madiha Khan (University of Malakand, Pakistan), “Is ROSCA an alternative funding source<br />
for the poor?”<br />
Eddy Balemba Kanyurhi (Université Catholique de Bukavu, DRC), “<strong>Microfinance</strong> and<br />
Customers’ satisfacti<strong>on</strong>: a scale measurement development”<br />
Anaïs Périlleux (CERMi, IRES, CIRTES, Université Catholique de Louvain, Belgium) and Mark<br />
Labie (CERMi, University of M<strong>on</strong>s, Belgium), “Positive incentives in <strong>Microfinance</strong>: A game<br />
theory approach”, coauthor Thomas Brihaye and Julie de Pril<br />
14:00 – 15:45 Parallel Sessi<strong>on</strong>s<br />
Room: B2 001<br />
5.1 Relati<strong>on</strong>ship between Entrepreneurial Activity and <strong>Microfinance</strong><br />
Sessi<strong>on</strong> chair: Ben Soltane<br />
Ben Soltane (Higher Institute of Management, Tunisia) “The Effect of <strong>Microfinance</strong> Factors<br />
and Opportunity <strong>on</strong> Women Entrepreneurs’ Performance in Tunisia”, coauthor Imen Elmezni
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY JUNE 11<br />
Ana Beatriz Santos (Norwegian School of Ec<strong>on</strong>omics, Norway), “Can entrepreneurial skills<br />
be taught? Experimental evidence from young Tanzania”<br />
Nhung Thi H<strong>on</strong>g Vu (University of Gr<strong>on</strong>ingen, Netherlands), “Business Training Services: A<br />
Randomized Experiment am<strong>on</strong>g Female <strong>Microfinance</strong> Clients in Vietnam”, coauthors Robert<br />
Lensink and Erwin Bulte<br />
Neil McHugh (Glasgow Caled<strong>on</strong>ian University, UK), “First Steps towards Self-employment –<br />
Microcredit for Enterprise in Scotland”<br />
Room B2 002<br />
5.2 Formal vs. Informal Lending<br />
Sessi<strong>on</strong> chair: Solène Morvant-Roux<br />
Chau N. H. Nguyen (M<strong>on</strong>ash University, Australia), “Does microcredit change informal<br />
lending in village ec<strong>on</strong>omies? Evidence from Bangladesh”, coauthors Asadul Islam and<br />
Russell Smyth<br />
Samuel Lee (New York University, USA) “Financing from Family and Friends”, coauthor Petra<br />
Perss<strong>on</strong><br />
Solène Morvant-Roux (Fribourg University, Switzerland), “Agricultural Labour, Family<br />
Networks and Formal Credit Rati<strong>on</strong>ing in Western Mexico”, coauthors Emmanuelle Bouquet<br />
and Gerardo Rodríguez-Solis<br />
Kristina Walker Pedersen (University of Agder), “Informal Savings and Loan Associati<strong>on</strong>s:<br />
Where are we now and what have we learned? An Overview”<br />
Room: B2 003<br />
5.3 University Meets <strong>Microfinance</strong> (UMM) Student Sessi<strong>on</strong><br />
Sessi<strong>on</strong> Chair: Karla Henning (UMM team)<br />
Nicole Tode (University of Goethe, Germany), “Transforming <strong>Microfinance</strong> Instituti<strong>on</strong>s: A<br />
possible way to go for Moroccan Microcredit Associati<strong>on</strong>s”<br />
Mohammad Sadiqunnabi Choudhury (University of East L<strong>on</strong>d<strong>on</strong>, UK), “Vulnerability to<br />
Poverty – Insurance Role of Microsavings against Crises in Northeast Rural Bangladesh”<br />
Mikael Parachos (ESSEC Business School, France), “Credit bureau in Egypte – less<strong>on</strong>s<br />
learnt”<br />
Muluneh Hideto (Jimma University, Ethiopia), “Corporate governance and firm growth in<br />
microfinance organizati<strong>on</strong>s”, coauthors Roy Mersland and Daudi Pascal<br />
Sessi<strong>on</strong> Chair: Karla Henning (UMM team)
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY JUNE 11<br />
Room: B2 004<br />
5.4 Loan Size and Repayment Rates<br />
Sessi<strong>on</strong> chair: Lucia dalla Pellegrina<br />
Lucia dalla Pellegrina (Bocc<strong>on</strong>i University, Italy), “Friends, Family and Fools: Co-signers and<br />
Repayment Rates in Microcredit. Evidence from Italy”, coauthor Anot<strong>on</strong>io Scollo<br />
Anastasia Cozarenco (Aix-Marseille University, France), “Microcredit in Developed Countries:<br />
Unexpected C<strong>on</strong>sequences of Loan-Size Ceilings”, coauthor Ariane Szafarz<br />
Rajalaxmi Kamath (Indian Institute of Management, India), “MFI (<strong>Microfinance</strong> Institutes)<br />
Borrowers: Their loans and Repayments – A study in Ramanagaram, India”, coauthors Abhi<br />
Dattasharma and Smita Ramanathan<br />
A.C. Karunaratna (University of Ruhuna, Sri Lanka), “Recent Challenges in <strong>Microfinance</strong><br />
Recovery: Evidence from Sri Lanka”, coauthor Silvia M.W.S.S<br />
Room: B2 006<br />
5.5 Risk Management in <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
Sessi<strong>on</strong> chair: Gregor Dorfleitner<br />
S. Badruddoza (Institute of <strong>Microfinance</strong>, Bangladesh), “Seas<strong>on</strong>ality of Microcredit Supply<br />
in Bangladesh”<br />
Gregor Dorfleitner (University of Regensburg, Germany), “Modeling defaults of <strong>Microfinance</strong><br />
Instituti<strong>on</strong>s”, coauthors Michaela Leidl and Christopher Priberny<br />
Asif Dowla (St. Mary’s College of Maryland, USA), “Bankers to the poor, bother to the state –<br />
Political Risks in <strong>Microfinance</strong>”<br />
Begoña Gutiérrez-Nieto (University of Zaragoza, Spain), “A Social Approach to <strong>Microfinance</strong><br />
Credit Scoring” , coauthors Carlos Serrano Cinca and Nydia M. Reyes<br />
Room: B3 001<br />
5.6 Impact of Savings Groups and Microsavings <strong>on</strong> Household Welfare<br />
Sessi<strong>on</strong> chair: Ole Dahl Rasmussen<br />
Abiola Babajide (Covenant University, Nigeria), “Microsavings mobilizati<strong>on</strong> innovati<strong>on</strong>s and<br />
poverty alleviati<strong>on</strong> in Nigeria”<br />
Daniel Rozas (Financial Access Initiative, Belgium), “The Business Models behind MFI<br />
Deposits”<br />
Ole Dahl Rasmussen (University of Southern Denmark, Denmark), “The impact of Village<br />
savings and Loans Associati<strong>on</strong>s <strong>on</strong> Household Welfare: Evidence from a Cluster Randomized<br />
Trial”, coauthors Christopher Ksoll, Helene Bie Lilleør and J<strong>on</strong>as Helth Lønborg
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY JUNE 11<br />
Sophie Romana (Oxfam America), “Saving for Change: Financial Inclusi<strong>on</strong> and resilience for<br />
the world’s poorest people”<br />
15:45 – 16:15 Coffee Break (outside Auditorium B1 018)<br />
16:15 – 18:00 Parallel Sessi<strong>on</strong>s<br />
Room: B2 001<br />
6.1 Assessment of Financial Performance of MFI’s<br />
Sessi<strong>on</strong> Chair: Galina Andreeva<br />
Mathias Schmit (Université Libre de Bruxelles, Belgium) “Tier 1 MFIs Financial Performance:<br />
Cash-flow statement analysis”, coauthor Gautier Dum<strong>on</strong>t<br />
Definta Ria Astuti (Universitas Ind<strong>on</strong>esia, Ind<strong>on</strong>esia), “The Impact of Macroec<strong>on</strong>omic <strong>on</strong> the<br />
Financial Performance of the <strong>Microfinance</strong> Instituti<strong>on</strong>s in Java Island, Ind<strong>on</strong>esia”, coauthor<br />
Bambang Hermanto<br />
Knar Khachatryan (SKEMA Business School, France), “Performance and Capital Structure of<br />
<strong>Microfinance</strong> Instituti<strong>on</strong>s in Eastern Europe and Central Asia”, coauthor Valentina Hartarska<br />
Galina Andreeva (University of Edinburgh, UK), “Profitability analysis of a Colombian<br />
microcredit programme”, coauthors Luis Javier Sánchez and Jake Ansell<br />
Room: B2 002<br />
6.2 Mobile M<strong>on</strong>ey and Branchless Banking<br />
Sessi<strong>on</strong> chair: Robert Vermeulen<br />
Francesc Prior Sanz (Universitat Internaci<strong>on</strong>al de Catalunya, Spain), “Mobile financial<br />
services in Mediterranean Partner countries”<br />
HK Pradhan (Xavier Labour Relati<strong>on</strong>s Institute, India), “Branchless Banking: A Business<br />
Linkage for Financial Inclusi<strong>on</strong> in India”, coauthor Amit Raje<br />
Baptiste Venet (University Paris-Dauphine, France), “Financial Behavior and mobile banking<br />
in Madagascar: Promises are <strong>on</strong>ly binding to those who believe them”, coauthor Florence<br />
Arestoff<br />
Robert Vermeulen, (De Nederlandsche Bank, Netherlands), “Migrant’s Choice of Remittance<br />
Channel: Do General Payment Habits play a Role?”, coauthor Anneke Kosse<br />
Room: B2 004<br />
6.3 Regulati<strong>on</strong> and Policy Issues in <strong>Microfinance</strong><br />
Sessi<strong>on</strong> chair: Samapti Guha<br />
Verónica Trujillo Tejada (Salamanca University, Spain), “How is microfinance industry been<br />
regulated in Latin America?”, coauthors Victoria Muriel Patino and Fernando Rodríguez<br />
López
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY JUNE 11<br />
Tawheed Reza Noor (Jawaharlal Nehru University, India), “Regulatory C<strong>on</strong>trol over<br />
<strong>Microfinance</strong> in Bangladesh: Upcoming Issues and Challenges”<br />
Samapti Guha (Tata Institute of Social Sciences, India), “Does Regulatory framework of<br />
<strong>Microfinance</strong> Instituti<strong>on</strong>s matter in the ec<strong>on</strong>omic benefit of customers? Evidence from<br />
Urban Slums in Mumbai”, coauthor Chandralekha Ghosh<br />
Mahboob Elahi Akhter (Central Bank of Bangladesh, Bangladesh), “Policy Issues of<br />
Micro-finance: A case study from Bangladesh”, coauthor Tanbeen Hasan<br />
Room: B3 001<br />
6.4 <strong>Microfinance</strong> and Development<br />
Sessi<strong>on</strong> chair: Maricruz Lacalle-Calderón<br />
Maricruz Lacalle-Calderón (Aut<strong>on</strong>omous University of Madrid, Spain), “<strong>Microfinance</strong> and<br />
foreign aid in Financing Development: A comparative Analysis”, coauthor Javiel Alf<strong>on</strong>so-Gil<br />
Mohshin Habib (Swinburne University of Technology, Australia), “The Impact of<br />
<strong>Microfinance</strong> <strong>on</strong> food C<strong>on</strong>sumpti<strong>on</strong>: A quasi-experimental research approach in<br />
Bangladesh”, coauthor Christine Jubb<br />
Bagus Aryo (Universitas Ind<strong>on</strong>esia, Ind<strong>on</strong>esia), “Ideological perspective of policy makers’<br />
<strong>on</strong> market-based poverty alleviati<strong>on</strong> and microfinance: A case study of state sp<strong>on</strong>sored<br />
microfinance programme in Ind<strong>on</strong>esia”<br />
Ahmed Smahi (Université de Tlemcen, Algeria), “Impact Assessment of <strong>Microfinance</strong> <strong>on</strong><br />
Poor Household Using Subjectif Data: Evidence from Algeria”<br />
Room: B3 008<br />
6.5 <strong>Microfinance</strong> in a Different C<strong>on</strong>text<br />
Sessi<strong>on</strong> chair: Ariane Szafarz<br />
Neil McHugh (Glasgow Caled<strong>on</strong>ian University, UK), “Indicators used to measure the effect of<br />
microcredit interventi<strong>on</strong>s <strong>on</strong> health: a systematic review (preliminary results)” , coauthors<br />
Cam D<strong>on</strong>alds<strong>on</strong>, Rachel Baker and Sylvie Vigneux<br />
Ariane Szafarz (CERMi, Université Libre de Bruxelles, Belgium), “Vive la Différence: Social<br />
Banks and Reciprocity in the Credit Market”, coauthor Sim<strong>on</strong> Cornée<br />
Rashidah Abdul Rahman (Universiti Technologi Mara, Malaysia), “Bank Staff’s Intenti<strong>on</strong> to<br />
apply Islamic Micro-Investment Model (IMM): Empirical Evidence from Malaysia”, coauthor<br />
Aliyu Dahiru Muhammad and Ismail Mahayuddin<br />
Muhammad Zubair (Islamic <strong>Microfinance</strong> Network, Pakistan), “Islamic <strong>Microfinance</strong> – An<br />
effect tool for Poverty Alleviati<strong>on</strong> and Sustainable Development”
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> TUESDAY JUNE 11<br />
Room: B2 006<br />
6.6 Transformati<strong>on</strong> and Business Models in <strong>Microfinance</strong><br />
Sessi<strong>on</strong> chair: Bernd Balkenhol<br />
Marek Hud<strong>on</strong> (CERMi, Université Libre de Bruxelles, Belgium), “Transforming social<br />
enterprises: the case of Kenyan and Vietnamese microfinance instituti<strong>on</strong>s”, coauthor Céline<br />
Louche<br />
Kim Wagenaar (University of Cambridge, UK), “Instituti<strong>on</strong>al transformati<strong>on</strong> and missi<strong>on</strong><br />
drift in microfinance”<br />
Phillipe Louis (University of Leuven, Belgium), “Do for-profit microfinance instituti<strong>on</strong>s<br />
achieve better financial efficiency and social impact? A generalized estimati<strong>on</strong> equati<strong>on</strong>s<br />
panel data approach”, coauthor Bart Baesens<br />
Bernd Balkenhol (University of Geneva, Italy), “Micro-franchising – a new fr<strong>on</strong>tier in<br />
micro-finance?”<br />
19:30 GALA DINNER hosted by Alliance <strong>Microfinance</strong> AS and Strømme <strong>Microfinance</strong> AS<br />
Locati<strong>on</strong>: Christiansholm Fortress (Kristiansand City Center)<br />
Menu: Norwegian seafood buffet<br />
Music by saxoph<strong>on</strong>ist P<strong>on</strong>tus Engstrøm with band
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> WEDNESDAY JUNE 12<br />
9:00 – 10.45 Plenary Sessi<strong>on</strong>, Auditorium B1 018<br />
Plenary Speakers<br />
> Marcella Corsi (Sapienza University, Italy), “<strong>Microfinance</strong> in Europe: Where do<br />
we stand?”<br />
> Marek Hud<strong>on</strong> (CERMi, Université Libre de Bruxelles, Belgium), “Subsidies and<br />
<strong>Microfinance</strong>: What do we know?”<br />
> Isabelle Guérin (Institute of <str<strong>on</strong>g>Research</str<strong>on</strong>g> for Development, France), “<strong>Microfinance</strong><br />
crisis: Evidence from the field”<br />
> Roy Mersland (University of Agder, Norway), “The future of microfinance:<br />
Market opportunities and historical insights”<br />
Chair: Tr<strong>on</strong>d Randøy (University of Agder, Norway)<br />
10:45 – 11:15 Coffee Break (outside Auditorium B1 018)<br />
11:15 – 13:00 Parallel Sessi<strong>on</strong>s<br />
Room: B2 001<br />
7.1 Women’s Participati<strong>on</strong> in Financial Services<br />
Sessi<strong>on</strong> chair: Susan Johns<strong>on</strong><br />
Bert D’Espallier (Hogeschool-Universiteit Brussel, Belgium), “Barriers to Self-Employment”,<br />
coauthor Isabelle Guérin<br />
Susan Johns<strong>on</strong> (University of Bath, UK), “’We d<strong>on</strong>’t have this is mine and this is his’:<br />
managing m<strong>on</strong>ey and the character of c<strong>on</strong>jugality”<br />
Anaïs Périlleux (CERMi, IRES, CIRTES, Université Catholique de Louvain, Belgium), “Female<br />
Managers in Hybrid Organizati<strong>on</strong>s: Evidence from Financial Cooperatives in Senegal”,<br />
coauthor Ariane Szafarz<br />
Supriya Garikipati (University of Liverpool, UK), “Borrowing and Women’s Empowerment:<br />
Does Type of Credit Matter?”, coauthors Isabelle Agier, Isabelle Guérin and Ariane Szafarz 7.2<br />
Room: B2 002<br />
Group Lending and Peer-to-peer Lending<br />
Sessi<strong>on</strong> chair: Thilo Klein<br />
Britta Augsburg (Institute for Fiscal Studies, UK), “Group Lending or Individual Lending?<br />
Evidence from a Randomized Field Experiment in Rural M<strong>on</strong>golia”, coauthors Orazio<br />
Attanasio, Ralph De Haas, Emløa Fitzsim<strong>on</strong>s and Heike Harmgart<br />
Thilo Klein (University of Cambridge, UK), “Anti-diversificati<strong>on</strong> pay! A model of<br />
endogenous matching and repayment in Thai group lending”<br />
Anjana Dube (Indian Institute of Management, India), “Micro-finance Group Processes.<br />
Effect of Threat Percepti<strong>on</strong>, Peer Pressure and Joint Liability”, coauthors Ramadhar Singh
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> WEDNESDAY JUNE 12<br />
and Rajalaxmi Kamath<br />
Djamchid Assadi (Burgundy School of Business, France), “Do People Say What the<br />
Brands Want Them to Say? The case of the social lending websites: Kiva and Zopa”<br />
Room: B2 004<br />
7.3 Impact of Self-help Groups<br />
Sessi<strong>on</strong> chair: Madhubala Swami<br />
Madhubala Swami (R.A.D.A.V. College, India), “<strong>Microfinance</strong> Activities of Self-Help Groups in<br />
Urban India: A Case Study”<br />
M.M. Goel (Kurukshetra University, India), “<strong>Microfinance</strong> in India – An Evaluati<strong>on</strong> of Self<br />
Help Groups Scheme”, coauthor Virander Pal Goyal<br />
Vasanthakumari (N.S.S. College, India), “Social Performance of SHG affiliated micro credit<br />
based enterprises in India: A study with special reference to capacity building and social<br />
upliftment of rural women”<br />
Room: B2 006<br />
7.4 Financial Sustainability of MFIs and Poverty Outreach<br />
Sessi<strong>on</strong> chair: Fabrizio Botti<br />
Fabrizio Botti (University of Perugia, Italy), “Walking <strong>on</strong> a tightrope: Balancing MF financial<br />
sustainability and poverty orientati<strong>on</strong> in Mali”, coauthor Renata Serra<br />
Gashaw Tadesse Abate (University of Trento, Italy), “Financial Sustainability and Outreach<br />
of <strong>Microfinance</strong> Instituti<strong>on</strong>s in Ethiopia: Does Organizati<strong>on</strong>al Form Matter?”, coauthors<br />
Carlo Borzaga and Kindie Getnet<br />
Gladys Edusei (Université d’Aix – Marseille II – DEFI, France) “<strong>Microfinance</strong> Double Bottom<br />
Line Impact Assessment in sub-Saharan Africa”<br />
Ganka Daniel Nyamsogoro (Mzumbe University, Tanzania), “<strong>Microfinance</strong> Outreach and<br />
Financial Sustainability: A simultaneous causality analysis”<br />
Room: B3 001<br />
7.5 Social Impact of <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
Sessi<strong>on</strong> chair: Muhammad Moshfique Uddin<br />
Muhammad Moshfique Uddin (University of York, UK) and Abu Saleh Mohammad<br />
Musa (<strong>Microfinance</strong> EXPOSURE, Bangladesh), “Social Performance Situati<strong>on</strong> Assessment<br />
of <strong>Microfinance</strong> Sector in Bangladesh”<br />
Andrew Crawford (M<strong>on</strong>ash University, Australia), “Are profitable microfinance programs<br />
less efficient at reaching the poor? A case study in Cambodia”, coauthors Michael<br />
Skully and David Tripe
<str<strong>on</strong>g>Third</str<strong>on</strong>g> <str<strong>on</strong>g>European</str<strong>on</strong>g> <str<strong>on</strong>g>Research</str<strong>on</strong>g> <str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> <strong>on</strong> <strong>Microfinance</strong> WEDNESDAY JUNE 12<br />
Thanawit Bunsit (Thaksin University, Thailand), “The Impact of <strong>Microfinance</strong> <strong>on</strong> Happiness<br />
and Wellbeing in rural Thailand”<br />
Mawenu Robert (Mountains of the Mo<strong>on</strong> University, Uganda), “How do low income-parents<br />
pay school fees? A diary based inquiry from Western Uganda”, coauthor Oliver Schmidt<br />
Room: B3 008<br />
7.6 Missi<strong>on</strong> Drift and Efficiency of <strong>Microfinance</strong> Instituti<strong>on</strong>s<br />
Sessi<strong>on</strong> chair: Sarath Abeysekera<br />
Sarath Abeysekera (University of Manitoba, Canada), “Sustainability and Missi<strong>on</strong> Drift:<br />
Do <strong>Microfinance</strong> Instituti<strong>on</strong>s in Vietnam Reach the Poor”, coauthors Umut Oguzoglu and<br />
Thanh Tam Le<br />
Akem Noela Forkusam (Carl V<strong>on</strong> Ossietzky University, Germany), “Does financial<br />
globalizati<strong>on</strong> affect microfinance missi<strong>on</strong> drift: Empirical evidence from Sub Saharan Africa”<br />
N. Vijaya (Kakatiya University, India), “Mainstreaming of Micro Finance in India – An<br />
Imperative”<br />
Sessi<strong>on</strong> chair: Sarath Abeysekera<br />
13:00 – 14:00 Lunch at UiA Cafeteria<br />
END OF CONFERENCE
NORWEGIAN CENTRE FOR MICROFINANCE RESEARCH<br />
www.microfinanceresearch.org<br />
SUPPORTED BY<br />
Local organising<br />
committee:<br />
Roy Mersland<br />
<str<strong>on</strong>g>C<strong>on</strong>ference</str<strong>on</strong>g> Chair<br />
Tr<strong>on</strong>d Randøy<br />
Leif Atle Beisland<br />
Unni S. Holbrook<br />
Daudi Pascal<br />
Celeste De la Huerta