The document discusses the trade-off between financial and social performance in microfinance. It notes that while microfinance has grown, some institutions have prioritized profits over development impact. The author presents empirical research analyzing how institutional and country risk factors predict the financial and social performance of microfinance institutions (MFIs), and whether they affect any trade-off between the two. The research found that risk factors can reasonably predict MFI performance and potential "mission drift" towards prioritizing wealthier clients over the poor.