Monica Verma
Regardless of social goals strived by the MFIs they need to be economically viable and sustainable in long run. The efficiency of MFIs is a key in achieving sustainability. Literature reveals that presence of increased number of women in board and at middle level and in the total workforce has a positive impact on financial performance of an organization. The present study has been undertaken to examine the performance of the MFIs worldwide based on the data collected from micromix web and also try to establish whether gender diversity impacts the financial performance. Data have been analyzed using SPSS. Statistical tools like correlations and linear regressions have been used to ascertain relationship between gender diversity in staff of MFIs and performance.
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