Management of microfinance institutions:
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Marek Hudon
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Article
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2009
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John Wiley and Sons
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English
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## Abstract It is estimated that donors commit between US$ 800 million and US$ 1 billion to microfinance per year. This paper analyses the management of microfinance institutions (MFIs) and its relationship with donors' subsidies. The results show that the level of subsidies granted per year is rel