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ASHTA Arvind



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Centre for European Research in Microfinance (CERMi)

The CERMi is de Microfinance department of the Centre Emile Bernheim and the Facultés Warocqué. This center gathers researchers from different backgrounds and it aims at studying all major aspects of microfinance development.Its objectives are to stimulate microfinance research, particularly among doctoral students, and to support Belgian and European authorities to better understand the multidisciplinary factors influencing both the development of microfinance and the effective management of microfinance institutions.The CERMi particularly focuses on the governance and management of microfinance institutions. From a larger perspective, it also studies developing countries regulations and public policies, the role of central banks and the one of donors. The links between microfinance and traditional financial sector will also be studied. Last but not least, ethical aspects of microfinance in developing countries will also be a topic of research.

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