To be successful in a financial point of view, how we see our shareholders? The financial perspective shown in the balanced scorecard or 360^o analysis allows us to define and analyze our financial objectives, as well as breaking down the possible strategies and action plans necessary to achieve our financial targets. The parents of the Balanced Scorecard for 360^o analysis, Kaplan and Norton, defined two types of strategies aimed to boosting financial results (i) Growth Strategy & (ii) Productivity Strategy. The growth financial strategy is based on increasing the income of the organization by increasing revenues via new sources (making franchise) or increases the number of customers. The productivity financial strategy is based on increase company profits by reducing costs throughout the organization and improves asset utilization. In this paper, Financial Perspective of Micro Finance Institutions is discussed critically.

KEYWORDS:  Micro Finance, Balanced Scorecard, Growth Strategy, Productivity Strategy.