Sustainable Microfinance - Balanced Scorecard's added value for ...

9. Hypotheses About Relationships among Categories Should Be Developed and
Verified as Much as Possible during the Research Process
10. A Grounded Theorist Need Not Work Alone
11. Broader Structural Conditions Must Be Analyzed, However Microscopic the
Research
After each interview an analysis will be made, in order to develop codes (Müller,
2009). When a clear pattern is shown, enough interviews are taken. In order be
significant, these interviews have to cover different financial institutes.
Validity
Validity is used to show whether the findings are really about what they appear to be
about (Saunders et al., 2009, p. 157). For an inductive research it is important to
interview the key employees in different institutes. These individuals are those doing
research about microfinance or receive results on performance of different MFIs.
Reliability
The reliability concerns with, the consistency of the data collection and analysis
(Saunders et al., 2009, p. 156). A bigger and more divers sample group can help to
increase the reliability. To increase the reliability of the inductive data, the interviews
will be published in the appendix. This gives transparency of the information that is
used to draw conclusions. By showing the gathered primary data, the bias of the
research will be reduced and the reliability will therefore increase.
7. Expected outcome and recommendations
The outcome of the Thesis Project should be a framework for a sustainable
microfinance model, to stimulate entrepreneurship in the Netherlands.
It is proposed that the Thesis Project will recommend further research and pilot test
the framework.
Elmar Hoogendoorn 95
Sustainable Microfinance