University of Bergamo - Department of Management, Economics and Quantitative Methods and Research Group "Finance and Development" of the CESC Research Center (Center for Socio-Economic Dynamics and Co-operation)
The University of Bergamo comprises different departments and research centres among which the research CESC Research Center (Center for Socio-Economic Dynamics and Co-operation) established in 2016. The Research Group "Finance and Development" (FinDev) is one of the projects of the research centre. The Research Group FinDev aims to analyze the contribution of finance to economic development, with particular attention to the innovative methodologies of financial intermediation applicable to low income countries. In this framework, microfinance is studied. FinDev works in close co-operation with the department of Management, Economics and Quantitive Methods. Thanks to a grant provided by the Giordano Dell'Amore Foundation, the group is equipped with a specialized library. The Foundation also financed some research projects. The activities of the group primarily comprise scientific research and the publication of the Journal Savings and Development (http://savingsanddevelopment.unibg.it/).
Innovations in the microfinance program planned for the coming year
Liability structure and lending performance in MFIs; Liquidity management in African banks; The development of African financial markets
Countries of intervention
Asia, Ethiopia, Italy, Europe, Myanmar, North America, Africa, South America
Areas of intervention
Microfinance investment vehicles
Capacity building (focused on all MFI\u2019s)
Academic research
MFI operations (e.g. general management, governance, finance and accounting, staff, training, recruiting)
Performance (financial and social)
Financial product development and innovation
Capital/equity investments
Impact and performances studies
Risk management
Ratings and external audits
Delivery models (group, indiv.)
Gender