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European Microfinance Programme 2019-20 Université Libre de Bruxelles/Université Mons/Université Paris Dauphine Solvay Brussels School of Economics and Management (CV 20.10.2020) EMP Master's thesis titles (2005 to 2020) LAST NAME NAME Thesis title Supervisor Academic year 2019-20 444 Altamimi Nadeen Expansion strategies of MFIs Annabel VANROOSE Frédéric The diversification of agricultural systems as a green strategy against 445 Ariza Salinas Laura Camila HUYBRECHS/Johan risk of default in rural loans BASTIAENSEN Globalization and microfinance performance: Evidence from African 446 Bahati Mukulu Joseph Marc LABIE MF Commercialization of microfinance: downscaling strategies and key 447 De Los Santos Jiménez Edgi Annabel VANROOSE factors Social performance and impact investors - link with SDG. Question: 448 Ishimwe Marie Grace Cécile LAPENU what impact investor collect and report on their investees? What is the effect of credit risk on financial performance among Sub- 449 Louis-Jean Fabrice Mathias SCHMIT Saharan microfinance institutions? The potential of digital financial services in MFIs: can the mobile 450 Maniriho Nshuti Jean d'Amour phone contribute to fostering the women’s financial inclusion? Marc LABIE Empirical analysis of Ghana. The effect of corporate governance on outreach of microfinance 451 Moges Aragaw Demissie Marc LABIE institutions: evidence from Ethiopia Analysis of existing data on SPI4 database: what would be useful to 452 Nzomukunda Noella Cécile LAPENU understand responsible investees? 453 Pary Maximilien Impact of Covid-19 crisis over Green Microfinance Marek HUDON Assessment of customers satisfaction on existing credit products. 454 Pierrelus Frantzcesca Marc LABIE Study on 5 microfinance institutions A critical study on credit scoring methods as tools to improve the 455 Recupero Silvia Kurt MOORS underwriting process for loans To what extent does the current COVID-19 crisis represent an 456 Tuset Augustin opportunity (or an enabler) to accelerate the Digital Finance Services Baptiste VENET offering in West-Africa ? 2

Social and financial performance: are good practices in terms of social 457 Umba Ngoyi Deborah Marc LABIE performance management too costly for MFIs? Evaluating institutional performance using sets of performance standards in a bid to guide an MFI comply with local regulations and 458 Uzodinma Harrison Cécile LAPENU better manage its credit and internal operations: the case of Joyful Development Inc. in the Philippines Capital structure and microfinance institutions’ performance: evidence 459 Weldehana Abnet Melese Marek HUDON from Sub-Saharan African microfinance institutions The factors influencing the repayment of loans and the factors that 460 Woundi Noundjio Laurence Perron Marc LABIE can improve the performance of repayment Academic year 2018-19 Can self-regulation impact the lending behavior of MFIs? Insights from 405 Agez Simon Marek HUDON Cambodia Survey among members in the perspective of digitalizing savings and 406 Amani Jean-Claude Baptiste VENET credit services: a case study of APFI Burkina The stakes and challenges of developing green microfinance products 407 Baudin Agathe Marek HUDON within a Tunisian MFI, Advans Tunisie Assessment of social and financial performance of MFIs, a case study 408 Boah Joseph Cécile LAPENU of MFI Monte Credit 409 Boka Mabele David " services": a customer-oriented approach Marc LABIE Is industry self-regulation applicable to microfinance? The case of 410 Caballero-Montes Tristan Marc LABIE TAMFI in Tanzania 411 Chen Wangting The financing of farm equipment/machinery in Wasasa, Ethiopia Kurt MOORS Loan repayment default in a microfinance institution: explanatory 412 Chofor Mbigapap Frank Herve Marc LABIE factors Credit risk assessment: a gap analysis and recommendations of 413 Collard Juliette Mathias SCHMIT Joyful Development in the Philippines Regulations in microfinance: assessing the impact of Microfinance's 414 Collins Ngwa Ngwa Roy MERSLAND ratings on its performance Evaluation of the satisfaction of microinsurance products from the 415 Cortez Tellez Andrea customer's perspective, with the support of Panamerican Life Kurt MOORS Insurance group and promoted by Serinsa S.A. in Honduras The influences of outreach on sustainability of microfinance 416 Ejigu Simon Nahusenay institutions: evidence from Vietnam Microfinance Working Group Marek HUDON Member MFIs 3

Analyzing the risk management policies of an MFI in order to increase 417 Etienne Robenson Mathias SCHMIT Microfinanceits financial performance institution services and evaluation of customer 418 Feyo Endas Kaso Howsatisfaction: MFIs can the serve case entrepreneurialof Gashful women? The case of ASA Marc LABIE 419 Flores Quiroz Janeth Philippinnes NGO Marc LABIE

420 Forsab Eken Tembock Assessing the role of internal control in microfinance operational risk Mathias SCHMIT management: a case study of Opportunity Uganda Limited Assessment of social return on investment and social performance of 421 Fossi Jules microfinance institutions in developed countries: a French case study Anastasia COZARENCO of CREA-SOL What are the opportunities of digital finance in El Salvador and how 422 Hazard Jade can they be used to improve financial inclusion in the Central America Solène MORVANT region? Gbènagnon O. 423 Hounkpèvi Agroecological farmers in Burkina Faso: a market study and Kurt MOORS Françoise assessment of the commercial opportunities for the RCPB Role of mobile banking and financial inclusion in rural areas in Ghana 424 Karekezi Madonna Baptiste VENET Financial inclusion and promotion of gender equality: case study of 425 Kashinzi Amani Christian - Nicodème Marc LABIE Letshego Microfinance Uganda Claims management in microinsurance: evaluation of claims process 426 Kourkouss Yassir Kurt MOORS and set-up of a fraud prevention system Mobilization of savings as key role in Ethiopian microfinance 427 Larumbe Albisu Elena Marc LABIE institutions, the case example of SFPI Supporting farmers in the malt barley value chain in Ethiopia: clients' satisfaction and value chain approach to assess the adequacy of the 428 Lemercier Roxane Johan BASTIAENSEN microfinance services provided by Buusaa Gonofaa MFI

Digital finance of microfinance institutions as a key innovation to boost 429 Manirambona Glicérie clients' financial inclusion in developing countries: case of Tanzania in Marc LABIE East Africa

430 Mbonteh Faithfull Munka Understanding client satisfaction and exit and their effect on MFI Marc LABIE performance

431 Michel Mathieu How are microfinance institutions offering non-financial services Roy MERSLAND different from financial-only microfinance providers? 4

Impact of using digital money options by microfinance institutions on 432 Monkoun Marina Sénami Annabel VANROOSE the path to financial inclusion for the wellbeing of people Understanding the customers' adoption process of digital financial 433 Murhula Cubaka Patrick Baptiste VENET services in MFIs: evidence from Burkina Faso, Benin and Togo Designing incentive schemes for Community Finance Resource 434 Ndi Ngwasi Marc LABIE Center (CFRC) field officers

435 Ntyam Sarah Jenny Customers' satisfaction regarding credit products : APFI in Burkina Marc LABIE Faso Individual, sociological and institutional determinants of rural savings 436 Nzanzu Y'Ise Kivalya behavior: what strategy to mobilize savings in rural areas? Case study Solène MORVANT of Burkina Faso Outreach and performance analysis of MFIs in the Caucasus and 437 Reesink Deborah Annabel VANROOSE Central-Asia Factors which lead to loan repayments default: case of a Philippines' 438 Registre Daniel Baptiste VENET company Risk management and performance of loan portfolio: case of "CPEC" 439 Saintoiry/Sanon Eliatha Marc LABIE in Benin

440 Same Georges Thierno Assessing the sustainable development goals (SDGs) achievement Baptiste VENET through digital finance: a methodological approach Implementation of a centralized liquidity fund in an association of 441 Sierra Martin Eduardo Mathias SCHMIT credit cooperatives: Case of Ciderural 442 Uwera Yvonne Managerial skills and customer satisfaction Marc LABIE Regulation process and risk management strategy: the case of 443 Van Putten Laure Mathias SCHMIT Findepro in Bolivia LAST NAME NAME Thesis title Supervisor Academic year 2017-18 Green microfinance: the case of the Developing Sustainable Energy 379 Albulescu Ioana Marek HUDON AssessingAccess program the influence in the Philippines of microfinance services on the sustainability 380 Boka Melkamu Wogari Marc LABIE of local entrepreneurships development Overcoming the risks of agricultural microfinance: looking at climate 381 Dessie Tigist Getnet Johan BASTIAENSEN related challenges: case study Hofokam Ltd. Uganda Promote deposit or credit, which is the best option that improves the 382 Dezil Murielle Marc LABIE living conditions of the poor in Madagascar? 5

383 Diallo Thierno Challenges of digitizing financial services in rural area Baptiste VENET

384 Dimashi Neljan Managing operating costs of Union el Ejido in Ecuador Mathias SCHMIT What are the strenghts and weaknesses of group lending in Uganda, 385 Dorismond Hercharde Dikens Marc LABIE what do they need to improve? Serving refugee clients in Jordan: a study on product design from 386 El Ghadfa Amal Niels HERMES Microfund for Women Sub-national mapping of financial inclusion data for service providers 387 Favrichon Moïra Marc LABIE and policy makers: issues and benefits The role of microfinance in the creation of sustainable jobs: the 388 Goubert de Cauville Alice Marek HUDON recycling sector in Tunisia 389 Hategekimana Yves Optimization of internal funding mechanisms within village groups Baptiste VENET An evaluation of the growth strategy of an MFI: the case of AB Bank 390 Hazan Karen Mathias SCHMIT Rwanda 391 Hoang Thi Thu Ha Making agricultural credit work in MADFA Sacco Johan BASTIAENSEN Anastasia COZARENCO 392 Ingabire Murenzi Carine Microfinance in Europe: does the gender of loan officers matter? and Ariane SZAFARZ

Comparison of social performance monitoring systems used by middle 393 Masham Manongi Cécile LAPENU sized and especially cooperative MFIs; based on SOS Faim partners Microleasing products and financial inclusion of youth: lessons from 394 Milingita Abdoul Rocky Marc LABIE Umutanguha Finance Company Ltd in Rwanda Does a good relationship leads to better social and financial 395 Mrad Hind performances: the case of the Palestinian Business Women Marc LABIE Association (ASALA) 396 Muntian Oleksandr Managing credit risk in rural India. Case of VSSU Baptiste VENET Understanding the scope of the institutional transformation within the 397 Nyamugira Biringanine Alexis Marek HUDON microfinance sector: evidence from Sidian Bank Microcredit on the creation of micro business and women 398 Nyinawumuntu Octavie Niels HERMES empowerment: a case study of Sinapi Aba Savings and Loans

399 Ohene-Ayisi Joseph Impact of foreign funding on microfinance institutions reputation Marek HUDON

Feasibility study for digital platform to facilitate rural product 400 Razakasoa Joël Aimé Baptiste VENET commercialisation 6

Microinsurance market in Uganda: feasibility study based on the case 401 Slominska Justyna Kurt MOORS of Hofokam Ltd Financial projections and management in Microfinance institutions - a 402 Truyers Jonathan Mathias SCHMIT case from Peru Identifying and managing risk within a cooperative-based MFI 403 Türk Marie Johan BASTIAENSEN structure: evidence from the case of FINDEPRO in Bolivia The role of SACCOs in supporting and financing producers inside the 404 Vrielynck Stéphanie Johan BASTIAENSEN cocoa value chain in Ecuador - the case of Jardin Azuayo

LAST NAME NAME Thesis title Supervisor

Academic year 2016-17 350 Abongwa Ngekwi Martha Total loan recovery strategy and re-establishment of working Marc LABIE relationship with aggrieved client 351 Adjaffon Imelde Assessing the demand for Fintech solutions by MFIs in East Africa: An Baptiste VENET investment perspective 352 Alsheikh Haidar Imad The potential and challenges of providing services on savings for the Kurt MOORS MFI Hofokam Ltd in Uganda 353 Antoine Emmanuel Analysis of credit risk management and MFI's sustainability: case Mathias SCHMIT 354 Biny Horace Emilson Riskstudy and of EBO opportunities Sacco Ltd related - Uganda to the expansion of MFIs in rural areas: Annabel VANROOSE 355 Cesare Antonio Financialthe case ofneeds MECSAPP and productivity de Tattaguiné diversification in Senegal of small farmers: field Johan BASTIAENSEN research in the region of La Dalia 356 De Vos Lien A study on efficiency gain in the loan process to improve the Kurt MOORS sustainability of an MFI: the case of U-CMECS in Togo 357 Falanga Lusalusa Odette Assessing the sustainability of an education loan: the case of ACEP Marc LABIE Senegal 358 Gonzales-Solis Victor Social Performance Management and its integration into cooperative Cécile LAPENU network governance: case study of CAAP in Ecuador 359 Guignard Gaëlle The standardization of the social/environmental reporting and its effect Cécile LAPENU on social performance management: the case of Hattha Kaksekar Limited in Cambodia 360 Houessou James Effects of competition on microfinance institutions' performance: a Marc LABIE case study of Emerge Microfinance 7

361 Iraüs Moïse Risk management: identification, monitoring and control of risks and Marc LABIE its management responses, in CIDERURAL and some of its cooperative members 362 Kashinzi Scott Credit scheme for small holder coffee in Uganda. Case of neumann Marc LABIE Kaffee Gruppe 363 Kleve Sabine How Credit Rating Assessments Are Aligned to Cash Flow Analysis: Mathias SCHMIT The Case of Microfinance Institutions in Ecuador

364 Lupeto Ntambwe Jimmy Challenges of a new product development in microfinance institution: Marc LABIE 365 Lwanzo Lusambo Josué Understanding the relationship between Customer satisfaction, Marc LABIE Customer based Corporate reputation and Customer Loyalty in microfinance: A PLS-SEM approach. Case analysis of Buusaa 366 Malaise Julia Governance of SACCOs, impediments and/or opportunities for social Cécile LAPENU performance management? Case study in West Africa 367 Navarro Chaparro Shirley Karina A study about perceptions and actions to remedy the effect of climate Johan BASTIAENSEN change in coffee production in La Dalia: opportunities for climate change finance 368 Ngo Bakang Marlyse Linda Micro-financing at the bottom of the milk value chain in Kenya: the Johan BASTIAENSEN case of Inuka Africa in Ngorika 369 Njeik Adeline Eneck The role of front office service in MFI as a measure of customer Marc LABIE satisfaction and the possible effects on performance 370 Piquard Catherine To what extent does pro-social peer-to-peer microlending enable to Niels HERMES increase social and financial performance of MFIs in Cambodia? 371 Prado Rivera Ana Risk analysis of a business plan. The case of a microfinance Mathias SCHMIT institution in Romania 372 Ronné Thomas How microfinance institutions can use digital financial services to Baptiste VENET improve financial inclusion in the Philippines? 373 Rwasa Anthère Assessing the product design as a factor to client satisfaction in Marc LABIE microfinance: case of savings design at ESHET Microfinance 374 Segnou Ivo The influence of digital finance on the growth and sustainability of Baptiste VENET micro and small size enterprises 375 Songsrisod Suthasinee Assessing financial demand and practices among ethnic women Solène MORVANT artisans in rural Laos. A value chain perspective 376 St Joas Yvenel Analyzing mobile banking as a strategic innovation for microfinance to Baptiste VENET expand its outreach in Kenya 377 van Caloen Aurélien Opportunities and constraints of financing for Fair Trade coffee Johan BASTIAENSEN cooperatives in Nicaragua 8

378 Vu Trang The potential of mobile financial services for microfinance institutions Kurt MOORS in Uganda: a case study of Hofokam Ltd LAST NAME NAME Thesis title Supervisor

Academic year 2015-16 Assessing the adaptability of Islamic Microfinance loans to the needs 318 Afoukane Meryem Laurent WEILL of small enterprises in Indonesia How can product design play a role in the development of green 319 Allimant Marion Marek HUDON microfinance? - The case of Hattha Kaksekar Limited in Cambodia Viability of savings and credit unions: Prospective analysis of the value 320 Andrianantenaina Nalitiana added by the refinancing strategy - Case of the FONGS and CNCAS Kurt MOORS partnership 321 Ba Aminata Do savings and internal lending communities (SILC) lead to poverty Marek HUDON Microfinancealleviation in Northernand client-centricity: Ghana? Case a sign of Catholic of maturity Relief reshaping Services the 322 Bonami Deborah double bottom line? The case study of South Pacific Business Solène MORVANT Development The impact of microfinance institutions' growth on their social 323 Cléry Benjamin performance. Evidence from the case of the Ecuadorian credit and Cécile LAPENU savings cooperative Union El Ejido and from the CERISE database 324 Corbucci Valentina Design and commercialization of the new agricultural loan product: the Marc LABIE 325 Dube Fireyihun Thecase role of MI-BOSPO of loan officer in Bosnia in loan and recovery Herzegovina performance: The case of Isabelle GUÉRIN ToASA evaluate Savings the and potential loans Ltd, and Ghana risks associated with the expansion of 326 Estime Carl Edouard MEC accredited to other areas covered by the associations of Johan BASTIAENSEN FONGS: Case MEC ARAF 327 Hailu Abebe Wondirad Competition and MFIs' performance: evidence from India Niels HERMES Risk management strategies of microfinance institutions (MFIs): A 328 Haque AKM Zahirul Mathias SCHMIT case study of Nepal Vietnam Microfinance Working Group: products and services 329 Hermoso Alfonso Marc LABIE adaptation to the market Creating national leadership for financial inclusion: A case study of UN 330 Islam Ariful Solène MORVANT approach to addressing financial inclusion in Myanmar How the leadership characteristics at an umbrella organization may 331 Jean Pedro impact the effectiveness of members in managing credit risk and Kurt MOORS financial performance? Evidence from CamCCUL 9

Group lending and repayment performance: lessons from Sinapi Aba 332 Juwa Bidubula Marc LABIE Trust experience in Ghana The role of cash flow analysis in assessing the financial performance 333 Lamah Cécé Etienne Mathias SCHMIT of microfinance institutions Evaluation of social performance management practices in the 334 Lambert Timothy presence of a growing risk of client over-indebtedness: the case of Cécile LAPENU NWTF in the Philippines 335 Lao Anna Managing credit risks in rural microfinance in Peru Marc LABIE 336 Malnoury Gauthier How to improve the design of agricultural financial products offered by Johan BASTIAENSEN 337 Mateo Blazquez Luis Thethe financial e-social cooperativemoney of Brazilian HERMES community Gaibor in development Ecuador? Marek HUDON Cross-border mobile money transfer and its effects on remittances Baptiste VENET 338 Meli Mouafo Rita flow How "hybrid" microfinance investment vehicles (MIVs) can contribute 339 Ovando Santander Paola to social performance assessment and management with their Cécile LAPENU investees: (Case Alterfin) The roles of credit officers in microfinance institutions to their 340 Petit-Homme Elionord Isabelle GUÉRIN customers. The case of the MicroStart MFI valuation issues in high foreign exchange risk environment: the 341 Petrulis Eduardas Mathias SCHMIT case of Smart Credit Identification of savings and microinsurance products in RCB- 342 Procel Mayorga Denisse Northern Ghana, an approach to ensure that the products on the Kurt MOORS Influencemarket are of aligned an international with customer fund forneeds social and financial performances 343 Radermecker Laure Marc LABIE of agricultural cooperatives Murabaha as an alternative model in microfinance products: case of 344 Sehbi Youssef Bank Syariah Mandiri in Indonesia Laurent WEILL How can MFIs serve young entrepreneurs? The case of Fondi Besa in 345 Spezzani Giulia Letizia Marc LABIE Albania Satisfaction of microfinance client in Madagascar, what should be 346 Tocchi Benedetta better for MFIs and clients, when serving the poorest of the poor? The Baptiste VENET case of Hardi Finance NGO's in Antananarivo 347 Vandoren Jana Sustainably financing farmers on the agricultural frontier Johan BASTIAENSEN Monitoring practices in Islamic Microfinance. Case study of Bank 348 Villarroel Zambrana Wayra Marek HUDON Syariah Mandiri 349 Voyeux Adele Operational risk analysis and its management Mathias SCHMIT LAST NAME NAME Thesis title Supervisor 10

Academic year 2014-15 Risk management on social finance investment funds investments in 288 Acka Germain Mathias SCHMIT MFIs: Investors' expectations and MFI absorption capacity The impact of public policies on microfinance institutions in Ecuador. 289 Alberti Claudio Johan BASTIAENSEN The case study of Bancodesarollo Double bottom line: performance evaluation of microinsurance 290 Alemayehu Tsiyon Kurt MOORS program. The case of Siza Capital, South Africa 291 Ayisi Jonathan Risk management in (by) microfinance institutions Roy MERSLAND 292 Carriou Dominique Savings accounts dormancy in microfinance: a study on savings Niels HERMES 293 Casanova Vincent Developmentbehaviour in Uganda of social performance indicators and implementation of Cécile LAPENU Denizloglou- Thea social handling audit of non performing financing in Sharia bank, Indonesia 294 Nikolaos Laurent WEILL Panagiotopoulos A potential transformation for a Non Banking Financial Institution: a 295 Di Mauro Marilù Annabel VANROOSE case study from the South Pacific area To what extent can agricultural investment bank improve agricultural 296 Dorismond Mikerson Marijke D'HAESE production by financing savings and credit unions Providing eco-friendly services to Tunisian clients: the case of Enda 297 Fortin Thomas Marek HUDON Inter-Arab 298 GUÉRIN Jérémy Growth of microfinance products for renewable energy access Marek HUDON Practical study of different funding alternatives and their opportunity 299 Guézou Louis Roy MERSLAND for a microfinance bank in Ecuador Small and Medium size Enterprises: how can Microfinance Institutions 300 Ilboudo Denis Marc RAFFINOT serve this segment? Evidence from Ghana How does competition affect MFIs and their customers? Impact on 301 Ivanoff Jean growth, sustainability and outreach. Case study from Smart Credit, Baptiste VENET Moldova. 302 Katwal Shreeti Microfinance fueling SME: impact and market opportunities Marc LABIE 303 Ketting Christa Blending and Smart Subsidization in Microfinance Marek HUDON Institutional challenges in attracting foreign funds: The case of 304 Kurian Jofin Micredito SAC Marc LABIE

Risk management analysis of a Bolivian MFI: An organizational and 305 Monnart Vincent Marc LABIE financial perspective Evaluation of the growth strategy and risk management: case study of 306 Nikiéma Pasekba Laurent WEILL an IMF in Ghana 11

Risk management and social performance management for 307 Nyanhete Alois Marc LABIE microfinance institutions The role of an Umbrella Organization on the performance of member 308 Nzanzu Luvako Mystère Marc LABIE MFIs. Evidence from CamCCUL, Cameroon New social performance requirements in Bolivia and the need of a 309 Pantani Francesca Cécile LAPENU revised social rating methodology When Microfinance Meets Social Enterprise: the accomplishment of 310 Patetta Valentina Isabelle GUÉRIN Social performance? Microfinance and non-financial services: Study of the Micro MBA 311 Reding Claire Niels HERMES program offered by Interactuar How can FOGAL support cooperatives to increase access to 312 Salazar Gorjon David finance in rural Peru while preventing over-indebtedness? The case of Annabel VANROOSE Los Andes? Microfinance and femmes étuveuses : economic and social aspects in 313 Savarese Claudia Johan BASTIAENSEN financing the rice value chain in Burkina Faso Financial inclusion through fostering entrepreneurship and transfer of 314 Sharmin Shifat microfinance knowledge from the South to the North Marc LABIE Savings and microcredit for young entrepreneurs: Challenges and 315 Tahirindray Patricia Harenae Isabelle GUÉRIN opportunities Human resource management and employee retention in 316 Zekiyu Jemal Mohammed microfinance: A case study of Mwanga Community Bank (MCB) in Marek HUDON Tanzania Microfinance plus services (non-financial services): a win-win 317 Zolotcov Marina Marc LABIE situation. NFS help to alleviate poverty and improve loan repayment LAST NAME NAME Thesis title Supervisor Academic year 2013-14 The impact of competition and product design: evidence from 254 Abategiovanni Antonella Niels HERMES Dominican Republic Client dropout in group-based microcredit in Ghana: a case study of 255 Anyangwe Ndakoh Tony Niels HERMES Microfin rural bank Ltd 256 Benaglio Nicola Measuring performance of rural MFIs: The Case of CIDERURAL Mathias SCHMIT The influence of the Client attention of "Banco de la Nación" in 257 Cavallo Sara Annabel VANROOSE bringing services to the women users of the Program Juntos Micro-insurance Assessment: Analysis of the Factors that Affect the 258 Christodoulidis Evangelos Decision to purchase Micro Life Insurance in Can Tho City.The Case Marijke D'HAESE of Vietnam 12

Implementing and Evaluating Financial Literacy Programs in 259 Daffarra Gemma Microfinance. A Case Study of South Pacific Business Development Cécile LAPENU (SPBD) in Samoa Risk management gap analysis of an Ecuadorian MFI: Evaluation and 260 de Gerlache Guillaume Mathias SCHMIT recommendations The experience of FDL with Rural Solidarity Groups: lessons, 261 de Posson Alexandra Johan BASTIAENSEN opportunities and challenges Effectiveness of micro insurance: The case of shrimp farmers in Ca 262 Devinck Jasmina Marijke D'HAESE Mau province, Vietnam 263 Diémé Isabelle Diénaba Evaluation of the consumer microloan in Belgium: case of Crédal Isabelle GUÉRIN Evaluation of the "Agrosheet" for agricultural financing and its effect 264 Dure Wilner Kurt MOORS on the financial performance of five (5) MFIs in Rwanda Microfinance and professional inclusion for young people in precarious 265 Faqihi Moulay Abdelazize Isabelle GUÉRIN situations in Arab countries 266 Fernandez Tortosa José Jacinto The role of organic certification in the coffee rust crisis in Nicaragua Johan BASTIAENSEN 267 Floch Romain Assessment of risk management in rural India Mathias SCHMIT 268 Foucault Aurore Incentive and mechanism of reimbursement. The case of CREDAL Isabelle GUÉRIN 269 Frazak Julien Microfinance needs in Jamaica: study of the interest rate level Baptiste VENET 270 Godfroid Cécile Motivation and efficiency: the case of Pamecas' loan officers Marek HUDON Mobile banking as tool to promote financial Inclusion and outreach in 271 Kasaija Peter microfinance: Assessing the effectiveness and sustainability. A case Baptiste VENET of Faulu Kenya Ltd Payment for Environmental Services and Microfinance: Proyecto 272 Lucheschi Guja Johan BASTIAENSEN Cambio in Guatemala 273 Madeira Luhana Online lending and Social Performance: an example of a Chinese MFI Cécile LAPENU The role of farmers' organizations in enabling rural people access to 274 Mbantshi Mingashanga Honoré Johan BASTIAENSEN financial services: experience from FONGS, Senegal The role of Savings and Credit Cooperatives Societies in the financial 275 Merissaint Windy access. A case Study in EBO SACCO, Mbarara District, Western Isabelle GUÉRIN Uganda, Africa 276 Nugroho Lucky Regulation and Its impact on Green Microfinance Marek HUDON Linking Microfinance to Value Chain through Public-Private 277 Paribartan Poudel Marc LABIE Partnership. A case of SKDRDP, India 13

Savings and financial education: when trust is the barrier to overcome. 278 Pindado Garcia Félix Annabel VANROOSE The case of agent networks implementation in rural areas of Peru Exclusion list and negative screening in project eligibility: does the 279 Porino Giulia Marek HUDON microfinance industry acts differently from other financial investors? Providing Solar Lighting Solutions (SLS) to Cameroonian households: 280 Randriamiharisoa Serge Marek HUDON what role for MFIs? Case of the Energy and Microfinance program Business models in health microinsurance: some evidence from 281 Rossetti Federico Marc LABIE Madagascar Managing the institutional readiness and lending challenges of moving 282 Saint-Gilles Elliott up to the Small and Medium Enterprises (SME) market for MFIs to Marc LABIE enhance development continuity for entrepreuneurial women: the case Demand side drivers and challenges of agricultural microinsurance for 283 Taddese Deriba Mekonnen Johan BASTIAENSEN smallholder farmers in developing countries Assessment of a Microfinance Institution: the case of Tuungane 284 Talla Andrew Toh Kurt MOORS Tujijenge SACCO Ltd, Embu - Kenya Non-Financial services and Environment: the case of Attawfiq 285 Ukubereyimfura Dative Marek HUDON Microfinance Extending Financial Services through Retail Banking Agents: The 286 Villa Elisa Annabel VANROOSE case of Financiera Edyficar in Peru Development of Microinsurance Activities with Rural and Community 287 Zinyoro Tafadzwanashe Banks (RCBs): Defining and elaborating an effective and efficient Kurt MOORS microinsurance distribution model for RCBs in Northern Ghana LAST NAME NAME Thesis title Supervisor Academic year 2012-13 Derick Nwumfor Can unsubsidized Microfinance Succed in Rural Area of Developing 217 Amahnwi Marek HUDON Chunga Countries? The case of the Mamprusi Community Bank Partnership between MIVs and MFIs: How can an MIV be in line 218 Angot Irene with its clients' expectations, according to its own internal Marc LABIE procedures? The example of Alterfin How does formalisation contribute to the professionalisation 219 Battaggia Stefano and sustainability of microfinance network? Evidence from Niels HERMES Vietnam Challenges and opportunities of the Risk Management 220 Benmoussa Miriam Marc LABIE Function in a transforming MFI. The case of FONDESURCO, Peru. 221 Cortez Tellez Armando Antonio The role of credit officers in over-indebtedness; the case of Senegal Isabelle GUÉRIN 14

Relations between microfinance and cheese value chains: a survey in 222 Crucifix Clément Johan BASTIAENSEN the region of Rio Blanco, Nicaragua 223 da Silva Afonso Joana The role of loan officers in preventing over-indebtedness Isabelle GUÉRIN From field to International public policy arena: how microfinance can 224 Desaint Nilsy help improve food security - the specific case of Food Security Marijke D'HAESE Granaries (GSA) in Burkina Faso. Joint Liability group vs village banking methodology: products for poor 226 Fernandez Federica Johan BASTIAENSEN rural women in Nicaragua Is Microfinance in Western Europe a sustainable business 227 Flores Gomez Tomás Axel DE VILLE model? A comparative case study. Do subsidies influence social performances of MFIs? A 228 Grieco Francesco Marc RAFFINOT Evaluatequalitative the analysis expansion based strategy on social of aratings cooperative from LAC in the countries State of Minas 229 Hédan Clémentine Baptiste VENET Gerais, Brazil Is multiproduct offering financially sustainable in the Ghanian context?: An assessment of the contribution of financial 230 Hong Chamroen Axel DE VILLE products to the global sustainability of the Bonzali Rural Bank ("Rural Bank") Willingness to Pay for Renewable Energy with Microfinance 231 Hossain Shahadat Intervention: A Study on Rural Households of (South 24 Pargana, Marek HUDON West Bengal) India Actions and strategies to improve the integration model of Vision Fund 232 Irabishohoje André Zambia (VFZ) with World Vision Zambia Ltd (WVZ Ltd ) through its Isabelle GUÉRIN Area Development Programmes (ADP's) How to improve financial inclusion of disadvantageous groups? A 233 Jemere Digisie Mequanint Roy MERSLAND case of Réseau Financement Alternatif (RFA) in Brussels Sustainability of community health insurance programmes: 234 Jeugmans Jonathan Marc LABIE voluntary vs mandatory provision of microinsurance A methodology on Human Centred Microfinance Products: 235 Minne Jente Adressing the needs of the individual Micro entrepeneurs during Marc LABIE the World Cup 2014 in Rio de Janeiro Microinsurance Prdocut Development of the Rural Banks of Northern 236 Mitiku Adare Assefa Kurt MOORS Ghana The social performance management of a microfinance 237 Moreau Aurélie institution in Ethiopia based on a clients'approach - Cécile LAPENU the case of Specialized Financial & Promotional Institution (SFPI) 238 Negretti Silvia The impact of Green MF: the case of ASKI in the Philippines Johan BASTIAENSEN 15

The emergence of microfinance rating agencies and an assessment of their ongoing and potential contribution to the microfinance industry 239 O'Connor Michael Axel DE VILLE focusing on the role played by the African Microfinance Transparency Forum Pinto Coelho Pinto de 240 Luis Afonso Analysis of integral risk of CIDERURAL Mathias SCHMIT Almeida Promoting financial inclusion in Indonesia: the opportunities and 241 Pouchous Anne Baptiste VENET challenges of branchless banking Are existing risk management methodologies in microfinance adapted Faranirina Valérie 242 Ramanantsihoarana to MFIs needs and requirements to comply with regulation or self- Axel DE VILLE Sandrine regulation processes? Analysis of Spanish-speaking Community in Antigua for microfinance 243 Rojo Cortina Jesús Marc LABIE opportunities (Antigua and Barbuda) Does informal finance work with business models (practise, features) that can be exploited by the formal microfinance 244 Salifou Kotchikpa Victorin Baptiste VENET sector? Evidence from deposit taking in the COOPEC-AFA in Ouagadougou Mobile financial services: Analysis of current implementations and 245 Sarker Debashis Baptiste VENET best practices Reaching out to the country of Embu: barries and opportunities 246 Schneider Annegret Marijke D'HAESE for the Tuungane Tujijenge SACCO The Worlds Bank's microfinance activities in Eastern 247 Stahl Lisa and Southern Africa - Case study of the set-up of Marc LABIE cooperatives in Rwanda Experiences of value chain development and financing in rural 248 Stoeckel Claire Cécile LAPENU Ethiopia Strategic planning and organizational strengthening of Northfin to Kurt MOORS 249 Tan Fei Ling provide capacity building for MFIs and Rural Banks Mathias SCHMIT Transformation and the Emerging need for Risk Management: 250 Tumtu Kenno Itana Mathias SCHMIT The case of VisionFund Tanzania Giving "Views, technical assistance and training" to the clients: Does it 251 Ugarte Guzman Tania Fernanda have an impact on loan repayment and therefore the behavior of the Marek HUDON portfolio? Developing a new product and implementing a new technology 252 Urueña Maria platform as strategies to expand financial services and reduce Baptiste VENET operational costs 16

Inpact of indirect peer-to-peer lending platform: 253 Wu Sen-Rei Baptiste VENET Babyloan and AFODENIC in Nicaragua LAST NAME NAME Thesis title Supervisor Academic year 2011-12 Oniankitan Assessing the Viability of a Rural Network: The Case of 171 Agai Kurt MOORS Grégoire FONGS/FINRURAL Mobile Financial Services: An opportunity for MFIs to provide better 172 Ahmed MD Firog Baptiste VENET services and reach more customers 174 Bossi Serena SPI: a tool to improve Social Performances Management Cécile LAPENU 175 Boudiba Fadoua Insight of the challenge of Islamic Microfinance, case study of Egypt Marc LABIE How the individual lending methodology impacts over and "product 176 Bruno Seminario Marco Antonio upgrading" of the Individual Credit Program? The case of CEPESIU in Marc LABIE Ecuador Analysis of the apparaisal tool used by funders to make their 179 Camara Fatoumata Mathias SCHMIT Assessmentinvestment decision of Social in performancethe microfinance in a SACCO:industry How Does it affect 180 Carranza Parra Natalia Cécile LAPENU the behaviour and decision making of the members and potential Linking microfinance with access to energy: what is the best 181 Casal Ribeiro Pierre organization between the MFI and the other factors in the value chain? Axel DE VILLE What should be the MFI involvement in this kind of venture? Comparison between different distribution models of the 183 Cottille Laurence Marc LABIE microinsurance products and services. The case of SHEPHERD. Micro energy lending in Israël: a comparative perspective with the 184 Couderc Gabrielle Axel DE VILLE MENA region and other areas 185 Dato Muluneh Hideto The effect of corporate governance in the performance of MFIs Roy MERSLAND Assessment of Social performance and relationship with Financial 186 Diedhiou Alphonse Kurt MOORS Performance: Finance Trust as case study Payments for Environmental Services and Microfinance: Proyecto 189 Forcella Davide Johan BASTIAENSEN Cambio in Nicaragua Microfinance and remittances product design in Western African 190 Gaman Irina-Maria Marc LABIE countries. The study case of Mali (Nyèsigiso) Board size, composition and remuneration and its effect on Firms' 192 Gebremariam Haileslasie Tadele Niels HERMES Performance: Evidence from Microfinance institutions in Kenya Gender gap in requested loan amounts. The case of Credito Cidadão 193 Gillet Pierre Marc LABIE in Brazil 17

Is Mobile Banking an effective tool used by the MFIs to provide 196 Jakkampudi Roopa Baptiste VENET efficient and sustainable financial services? Studying microcredits coupled to green energy products: what are the 197 Jornet Alicia Axel DE VILLE arguments pleading for the spreading of such services? Financial performance and microfinance institutional outreach in 198 Kanobana Simon Peter Kurt MOORS Uganda Financial Structure in Microfinance Institutions: the case of AMRET in 199 Lê Quy Ngoc Axel DE VILLE Cambodia Are current " good practice" efficiency measures accurately measuring 200 Lebovics Maxime the efficiency of MFIs? An application to Vietnamese MFIs and their Niels HERMES Southeast Asian peers using DEA estimates What issues does a MFI need to address while integrating micro- 201 Lentz Caroline energy products into its portfolio? Case study of a regulated Peruvian Marek HUDON NBFI in the Central Highlands. Social Performance Management in ESAF Microfinance and 203 Lienart Roxane Cécile LAPENU Investments: a focus on the benefits to clients Contribution of business development services in the improvement of 205 Mbuyi Lusamba Charleine Cécile LAPENU social impact and performance in microfinance interventions Opportunity analysis to implementation of Mobile banking solutions at 207 Mukangendo Marie Baptiste VENET HOPE Microfinance and Women Empowerment: The case of the PDIF in 208 Mukuzo Victoire Muheme Marc LABIE Senegal Recovering after a financial crisis. The role of investors in improving 211 Persico Elisa the social performance of microfinance associations: The case of Cécile LAPENU Jaïda in Morroco Can producers' organisations reduce the credit risk and increase the 212 Pietosi Sonia Johan BASTIAENSEN financial inclusion of smallholders? 214 Reichert Patrick Addressing Barriers to Rural Electrification Mathias SCHMIT Tchoudjang Customer adoption and financial literacy in Mobile Financial Services. 215 Leo Armel Baptiste VENET Nzoutchoum Field experience from Botswana, Uganda. 216 Yang Li Li Effects of Transformation to the Performance of MFIs Roy MERSLAND LAST NAME NAME Thesis title Supervisor Academic year 2010-11 Study of the Client's Perception of the Services and Products of 140 Aboud Díaz Miriam V. HARTARSKA Finacen. A Clients' Satisfaction Survey Conducted in a Mexican MFI. 18

New product launch and key success factors: Lessons from 141 Adon Jacques Mathias SCHMIT Microfinance Institutions in Rwanda Kabayan and Kapitan loans assessment of Bangko Kabayan, a rural 142 Aerts Aurélie Cécile LAPENU bank in the Philippines 143 Afroze Tania Microfinance Borrower's Satisfaction. A Study on New Life, India Marek HUDON Growth management and the double bottom line. Case Study - Akiba 144 Appelmans An Marc LABIE Commercial Bank Tanzania Strengthening weak actors in agricultural value chains - Upgrading 145 Banuro Diana Johan BASTIAENSEN Livelihoodstrategies fordiversification cotton farmers strategy in rural of selfTogo help microcredit members: 146 Bashwira Marie-Rose V. HARTARSKA The case of CRED in Madurai, South India Identiying ways in which P2P e-lending and m-payment services can 147 Brawerman Samuel Arvind ASHTA address the poor's need for cheap, safe and reliable services. Building capacity between Onion group Producers and Microfinance Institutions: a possible warehouse receipt system as part of the onion 148 César Josué Johan BASTIAENSEN value chain financing - Evidence from the Rural Community Bank of Garu Tempane, Ghana. Renewable Energy Technologies Financed through Microfinance: 149 Chapusette Pierre What is the importance of environment in the motivations to acquire Marek HUDON such technologies? Alternative Strategies to Reach Out the Poor: A Study of Business 150 Chhabra Parul Marc LABIE Correspondent Model in India Mergers in Microfinance: How to Overcome the Hurdles Related to 151 Dieu Lionel Marc LABIE Governance? Credit Risk Management and Sustainability of an Microfinance 152 Doré Synan G. DORFLEITNER Institution. Case of African Gate Financial Support-Ghana Balancing Performance on Balanced Scorecard of Metemamen 153 Ereda Adeno Kidane Marek HUDON Microfinance Institution (MMFI), Ethiopia Are remittances a profitable market for MFIs? The case study of 154 Finotti Cristiana Pamecas Microfinance regulation in Bolivia: Analysis of the incorporation of IFDs 155 Gallez Zoé Marc LABIE into the financial system & situation of the MFI Fincafe Working towards social performances in microinsurance: Uplift 156 Gelister Yann Cécile LAPENU mutuals and the case for the community based mutual model Making Youth Inclusive Financial Services Accessible to the Youth. 157 Hategekimana Jean-Baptiste Marek HUDON Case Study of Cred'Art 19

The Role of Microfinance Networks in Social Performance: The Case 158 Jacquet Julien Cécile LAPENU of the Microfinance Working Group for the Lao PDR Education Investments of Capital Constrained Households in 159 Jakulj Jelena Arvind ASHTA Developing Countries - Technology Based Solutions

160 Mekonen Mekbeb Financial Sustainability of Microfinance Institutions in Ethiopia Ariane SZAFARZ

Social Performance and Impact assessment in Microfinance 161 Moulin Bertrand institutions: Lessons from an Action-Research with SIPEM and TITEM Marc LABIE in Madagascar Exploring the determinants for successfully linking money transfer 162 Ozçeri Zeynep Asli Marc LABIE services and microfinance products: The case of the Crédit du Golfe Borrowers' repayment performance and the role of the loan officer: A 163 Postelnicu Luminita Niels HERMES case study of Hitaishi-Bangladesh Foreign exchange risks and hedging mechanisms in Microfinance. 164 Puymartin Clara Marc LABIE The case of Mol Bulak Finance, Kyrgyzstan Sustainable growth of a microfinance institution in Congo Brazzaville: 165 Ravatomanga Lola A case study of "CAPPED" - Caisse de Participation à la Promotion Mathias SCHMIT des Entreprises et à leur Développement Lending Methodologies and Client Satisfaction, is there a link? 166 Rehman Azeemur Marek HUDON Evidence from Vietnam Introducing SPM to better achieve the social mission? Microfinance 167 Schellhorn Martin Cécile LAPENU Institutions in the post-crisis era Financial inclusion: Evaluating microfinance mission drift in Economic 168 Soro Bertin Diyomon Marek HUDON Community of West African States SPM strategy in AMFI Kenya: First approach for a SPM strategy in 169 Tellez Melgar Luis Cécile LAPENU Networks Overindebtedness and microfinance: a case study at ESAF 170 Watelet Marie Marc LABIE Microfinance and Investments Pvt. Ltd. LAST NAME NAME Thesis title Supervisor Academic year 2009-10 Islamic MF in Muslim Majority Countries. Case Study of Jabal Al-Hoss 104 Alia Hayyan Baptiste VENET - Syrian Arab Republic 105 Annulli Leonardo What is behind responsible microfinance? Cécile LAPENU 20

To what extent can Microfinance apply Triple bottom-line principles: 106 Bénard Marie-Anna Marek HUDON case of Fincafe, Bolivia. Funding structure and performance analysis of microfinance 107 Bevacqua Christian Mathias SCHMIT institutions in Kenya Mobile Banking Socioeconomic System in Egypt: Assessment of its 108 Breul Philippe Baptiste VENET Transformational Potential To what extent does growth management impact the financial 109 Burgy Marylène Mathias SCHMIT sustainability of MFIs?

Balanced Scorecard for MFIs in post-disaster environments. The case 110 Calvo Soux Luis Marc LABIE of Action pour la Cooperation avec la Micro Entreprise (ACME), Haiti What is more sustainable for an MFI : more efficiency or more 111 Cammareri Baptiste Marek HUDON resilience? What are the advantages and short comings of targeting migrant 112 Chifor Teodora Marc LABIE populations with MF remittances services? Is online lending just a new MIV providing lower costs and lower 113 Dagneaux Aurelie Arvind ASHTA interest rates, or a potential revolution for the microfinance industry? From Micro to Meso Finance: how can MFIs save a market segment 114 Debatte-Monroy Louis Baptiste VENET Developmentcaught in the "missingand implementation middle"? of remittance service in a 115 Grineva Olga Marc LABIE microfinance institution. Case of FINCA Kyrgyzstan (FMCC). Next steps in social performance management in the Argentinean MF 116 Harleman David Cécile LAPENU sector: Exploring the introduction of poverty assessment tools What is the effect of Human Ressources Practices on the growth of 117 Harou Aboubacar Baptiste VENET MFIs? Prudential Regulation of Deposit-Taking MFIs. An analysis of the 118 Horlait Christophe Marc LABIE Kenyan regulatory framework The mobile movement in MF: Are human relationships really that 119 Konopek Jasmina Baptiste VENET important? The role of savings in microfinance institutions; does it foster 120 Kurgat Paul institution’s financial performance and outreach? A case of Kenya Marc LABIE Women Trust - deposit taking MF Cooperatives in West Africa: Problems faced and challenges for the 121 Leclère Matthias Marc LABIE furture Can participatory methodologies be a way to improve the double 122 Masquelier Jean-Patrick Marek HUDON bottom-line in MF? 21

Upgrading small farmers within agricultural value chains through 123 Millogo Fatoumata Johan BASTIAENSEN sustainable MF: the tomato case in Northern Ghana Impact evaluation of an Ecuadorian MFI: a quantitative and qualitative 124 Navez Severine Johan BASTIAENSEN approach Better poultry value chain development through microfinance in 125 Nguyen Ngoc Anh Johan BASTIAENSEN Vietnam Microfinance and Disability: does persons with disabilities contribute to 126 Ormazabal Ibon the double bottom line of MFIs? Key factors for success stories, a S. STRANSKY case study of Bamako Improving agricultural microfinance through a strategic alliance 127 Pala Laura between producer organisations and "sister" credit unions. Evidence Cécile LAPENU from Credinaranjillo, Perù. Financial Services through Retail Agent Networks: aligning agent 128 Peters Bram Arvind ASHTA interests in a growth based model Relationships between social and financial performance: findings to 129 Prédour Antoine Cécile LAPENU orient microfinance reguation and public policies in Ecuador Funding sources linked to Capital markets: opportunities and 130 Rénier Noémie E. DE KEULENEER challenges for microfinance 131 Sanz Eva Social performance indicators for microinsurance Cécile LAPENU The (possible) impact of Basel II on MFIs in Central America 132 Schmuck Stefan Marc RAFFINOT (Nicaragua, El Salvador, Costa Rica) Demand and challenges of accessing saving products in Tajikistan 133 Stenga Jacqueline Marek HUDON Microfinance Institutions 134 Sumedi - Fueling Microfinance growth through acquisition Marc LABIE Business Case for implementation of mobile banking in an MFI. 135 Telepina Antonina Baptiste VENET Example of Vision Finance Company S.A., Rwanda Microcredit and financial education for young people: what impact on 136 Touré Mory Marc RAFFINOT youth employment? The case of RCPB, Burkina Faso 137 Uwera Juliette Operational Risk Management in MFIs: Case Study AMOS Mathias SCHMIT Can Microfinance improve urban-youth unemployment and urban- 138 Vlastou Myrtho youth employability in devenloping countries? Evidence from Cape Laurent WEILL Verde Impact of interest rate regulation on MFIs' development: case of Benin 139 Zomahoun Tchala Sèlidji R. Marc RAFFINOT in West Africa. LAST NAME NAME Thesis title Supervisor Academic year 2008-09 22

Is there an appropriate microfinance loan disbursement method for 65 Akochaye Denis Privat women empowerment, Case of Thiès (SENEGAL); an area of B. ARMENDARIZ intervention of Caurie-Micro Finance? Can MFIs mitigate the environmental impact of their clients’ activities? 66 Allet Marion Marc LABIE Assessing the relevance of environmental risk management for MFIs.

Correlation between financial and social performances of microfinance 67 Angora Remy William Cécile LAPENU institutions: reconciling viability and contribution of development Upgrading, outreach and the role of savings: Lessons from the 68 Arnaiz Urrutia Nuria A. VAN TILBURG CAVECA of Agbangnizoun, in rural Benin 69 Assani Omar Adapting financial products to the demand of rural households Marc LABIE Evaluation of customer satisfaction with services of a Micro-finance 70 Balemba Kanyurhi Eddy A. VAN TILBURG Institution: Empirical Evidence from WAGES’ customers in Togo Would a Regulatory Adjustment boost the Microcredit Market in 71 Bosa Caroline Marc LABIE Colombia? Some initial reflections. The application of credit scoring to microfinance - Case study ouad 72 Boudjemai Nardjes Baptiste VENET Srou Microfinance Institution AMOS. 73 Côme Joëlle Can Microfinance support community livelihood projects? Marc LABIE Microfinance and the local socio-cultural context: the role of 74 Crisà Joris Johan BASTIAENSEN embeddedness as a tool to increase the MFIs performance A marketing approach to product development facing social 75 Dekegeleer Aurélie Johan BASTIAENSEN performance management Micro financial products for forestry project in FONAFIFO Costa Rica: 76 Didonna Ferdinando Marek HUDON Stakeholders approach for the natural savings strategy. What is the role of ownership structure to determine governance 77 Feulvarc'h Romain Marc LABIE mechanisms? Is the global financial crisis hurting the liquidity and funding of the 78 Gonzalez Carolina R. LENSINK Peruvian NBMFIs? 79 Gonzalez Sanchez Eduardo Antonio Relationship Analysis between Internal Marketing and Client’s Loyalty A. VAN TILBURG MFIs social performance assessment: combining tools to measure 80 Hoxhaj Rezart Cécile LAPENU product and services adaptation at ASC Union. Improving rural and agriculture finance in the region of Louga through 81 Kabore Abdoulaye networking and strategic alliance building between Union Financière Cécile LAPENU Mutualiste (UFM) and Producer Organizations (POs) 23

Role of Savings in Competitive Microfinance Markets and Feasibility of 82 Laureti Carolina B. ARMENDARIZ the Business Correspondent Model in India 83 Lecuyer Quentin Strengthening the financial structure, a cooperative challenge? Marc LABIE Social performance and private investors in microfinance: weight in 84 Maciag Dorota Marek HUDON the decision-making and relevant criteria. Assessing Social Performance of Microfinance Institutions: The Best 85 Meggs Alice-Mary Marek HUDON Way to Meet Socially Responsible Investors? 86 Moniotte Denis Organizational growth in microfinance: challenges and mitigation R. LENSINK Is it a good idea for Microfinance Institutions to provide consumer 87 Noel Elisabeth Marc LABIE loans? 88 Qin Yihua Implementation of credit policy: role of credit officers. Marc LABIE Dollarization vs. foreign exchange risk in the Bolivian Microfinance 89 Querejazu Ines Ariane SZAFARZ Industry Organization of Internal Control System in credit union: Case of « 90 Ramanandraibe Jeanson Parfait Union des Institutions Mutualistes Communautaires d’Epargne et de Mathias SCHMIT Crédit » in Senegal Downscaling Microfinance practices: the use of social performance 91 Ramirez Juana B. ARMENDARIZ management Social Performance: an added value for the microfinance. Application 92 Richardot Anne-Claire Cécile LAPENU of a social audit in the Foundation Zakoura Micro Credit, Morocco 93 Romélus Zacharie Microfinance associations and risk management Mathias SCHMIT Does an assessment in social performance inevitably lead an MFI to 94 Schoenahl Elodie Cécile LAPENU take appropriate decisions? Can credit and savings cooperatives help developing housing market 95 Shirokaya Elena Marek HUDON for marginal clientele? 24

96 Siau Marilou Challenges of Microfinance Institutions on the Remittance Market Marc LABIE 97 Siliki Anne Claire Factors leading to Borrowers’ drop-out of microfinance institutions Marek HUDON Branding as a tool of developing savings in financial institutions: The 98 Silla Serge A. VAN TILBURG case of one MFI in Cameroon 99 Tezzo Xavier Microfinance and artisanal fisheries in West Africa A. VAN TILBURG The Development Banking System in Costa Rica: Perspectives for the 100 Valverde Giovanna micro, small and medium-sized clients in the agricultural/rural area of Johan BASTIAENSEN Cóbano, Puntarenas, Costa Rica 101 Velez Rodriguez Claudia Can Financial Education be a bridge between the double bottom line? B. ARMENDARIZ Organizational Size and Human Resource Management Practices in 102 Yasin Herman Syofiri Marek HUDON Microfinance Institutions: Does the Relationship Exist? Assessing client perceptions of the economic and social impact of 103 Zimunhu Brain Cécile LAPENU microfinance: the case of NOWEFOCH LAST NAME NAME Thesis title Supervisor Academic year 2007-08 To which extent does tenure insecurity constrain the development of 49 Bertrand Julien Marc LABIE equipment loans? Educational Services in an MFI Structure : The Case of Pro Mujer 50 Bouchat Julie Marek HUDON México The Influence of Donors on Microfinance Sustainability. A case study 51 Boumhouss Faïrouz of three Microfinance Institutions in the Occupied Palestinian Marc RAFFINOT Territories. Redefining the notion of sustainability in Microfinance: a managerial 52 Brunetti Adrien Marek HUDON challenge to avoid Mission Drift Repayment rates, reimbursement delays and loan usage: when 53 Dahdah Nayla microfinance meets successful repayment rates, lessons from the Marek HUDON PDIF program in Senegal. 54 Degouve Anthony Regulation and credit unions financial soundness Marc LABIE The Regulation of Microfinance Operators in Mozambique - a 55 Foulon Frédéric Marc LABIE conductive regulatory environment? 56 Genet Michel « Remittances » & Micro-crédit :Quelle alliance possible? Marc LABIE 57 Hoffman Ruth Accounting for start-up Microfincance Institutions Mathias SCHMIT The Poverty Assessment Tools: Analytical Overview and 58 Kheirallah Joyce Cécile LAPENU SavingImplementation Micro-Crop in FONDATION from Disaster? ZAKOURA, Social Impact Morocco Assessment 59 Micilotta Flavia Cécile LAPENU “MicroCrop” 25

Is developing non financial services the way for MFIs to accomplish 60 Randazzo Francesca Marek HUDON their social mission? Insight on guarantee structures specialized in microfinance: How can 61 Surreaux Paul guarantee funds support core microfinance institutions in Latin Marc LABIE America? How to face adverse selection and moral hazard: the experience of A. VAN TILBURG, R. 62 Tygel Ivan FINCAFE, Bolivia. LENSINK Financing structure and corporate governance for MFIs: is there an 63 Urgeghe Ludovic optimum to reach? The illustrative case of Maxima Mikroheranhvatho, Marc LABIE Cambodia Should Microfinance Institutions care about Corporate 64 Van den Hove Michel Kim OOSTERLINCK Communication? The case of Bandhan, India LAST NAME NAME Thesis title Supervisor Academic year 2006-07 28 Benoist Alice How can microfinance institutions deal with operational risks? Mathias SCHMIT Why do Entities for the Development of Small and Microenterprises 30 Chevrier Aude-Marine lack Competitive Advantages in the Peruvian Microfinance A. CHAPELLE Market?The Case of Proempresa The Solvability Analysis of Malian Microfinance Institutions as a 31 Derbin Nicolas A. CHAPELLE Supervision Tool for the Ministry of Finance How to match the business needs of Microfinance institutions with the 32 Diallo Mamadou L. SADOULET appropriate IT infrastructure? Case study: PADME in Benin Main steps to prepare an MFI for a microcredit portfolio securization 35 Gillin Arnaud A. CHAPELLE programme New product development: Savings services in MicroCred 36 Histas Aline Kim OOSTERLINCK Madagascar- How can this new activity be delivered? 37 Ibarra Nancy Microfinance as Development Pathway A. VAN TILBURG How to optimize a communication campaign in the Jordan 38 A. VAN TILBURG microfinance market? How can microfinance institutions serve the very small and small 39 Kharrat Sélim Baptiste VENET enterprises market segment in Africa Explorative Market Research on the Resurrection Loan: Case Study of 40 Kuntz Sarah H. MOLL Negros Women for Tomorrow Foundation (Philippines) Financial service delivery in microfinance institutions: credit delivery 41 Olumayowa Ajetunmobi and savings mobilization. A case study of government savings bank of Marc LABIE Thaïland 26

Microfinance Institutions in the Central Europe and Central Asia 42 Pearson Clare L. SADOULET Region: how are staff incentive systems used as a management tool? Microfinance and product diversification: a case study on ASA micro 43 Rahman RAFIZAH L. SADOULET insurance products in Bangladesh. New Developments and Downscaling in Brazil : What impact on Micro- 44 Ricklin Laetitia Marc LABIE entrepreneurship How can profit-driven MFI’s improve their access to funds during their 45 Sandmark Thérèse Ann Marc RAFFINOT initial growth phase? Donors and post-conflict/crisis Microfinance programs. A case for a 47 Trenner Sébastien Marc LABIE coordinated approach? Banda Aceh Case Study 48 Vangrunderbeek Amélie Market Survey to provide a new microfinance product: microleasing L. SADOULET LAST NAME NAME Thesis title Supervisor Academic year 2005-06 Microfinance and the mexican export-oriented cooperatives: Are there 11 Merli Gabriele opportunities for an adapted financial product to cope with the benefits A. VAN TILBURG of international lables and the costs of certification? Centrale des risques en microfinance: méthodologie, démarches, 13 Moreau Pascale L. SADOULET facteurs de succès de la centrale des risques au Maroc 15 Parra Claudie - H. MOLL Is voluntary savings activity an interesting opportunity for both 16 Perilleux Anaïs Bandhan institution and its clients? And how could this activity be Marc LABIE launched? Global commercial banks and microfinance. Evidence from ABN 17 Pires Anna L. SADOULET AMRO Bank India Microfinance products and diversification: a case study on ASA Micro 18 Rahman Rafiza L. SADOULET Insurance Products in Bangladesh Health Microinsurance Models in the Philippines : how to meet the 19 Rulloda Jacqueline demand? The cases of ORT Community Multi-purpose Cooperative L. SADOULET and CARD MBA Mise en place d'une supervision efficace des MFIS: gouvernance et 20 Schott Sandra A. CHAPELLE organisation Savings in MIFS: from mobilisation to financial sustainability. Case of 21 Sukadi Ritha Marc LABIE the ecuadorian COAC 4de Octubre The uneven development of the microfinance sector: A Latin 25 Vanroose Annabel Kim OOSTERLINCK American and Indian perspective. 27

26 Vasquez Montana Diana Complementary between banks and microfinance institutions H. MOLL

Hard copy not available Thesis consultation forbidden