The Lending Interest Rates in the Microfinance Sector: Searching for its Determinants

Descripción del Articulo

Using data from 1299 microfinance institutions (MFIs) in 84 countries and following different approaches, it was found the lending interest rate is determined by the funding cost, the loan size, and the efficiency level of MFIs. With respect to competition, results are mixed. Only in Asia is a negat...

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Detalles Bibliográficos
Autores: Cotler, Pablo, Almazan, Deyanira
Formato: artículo
Fecha de Publicación:2013
Institución:Pontificia Universidad Católica del Perú
Repositorio:PUCP-Institucional
Lenguaje:inglés
OAI Identifier:oai:repositorio.pucp.edu.pe:20.500.14657/194821
Enlace del recurso:https://repositorio.pucp.edu.pe/index/handle/123456789/194821
Nivel de acceso:acceso abierto
Materia:Africa
Asia
Latin America
Lending interest rates
Microfinance
https://purl.org/pe-repo/ocde/ford#5.02.04
Descripción
Sumario:Using data from 1299 microfinance institutions (MFIs) in 84 countries and following different approaches, it was found the lending interest rate is determined by the funding cost, the loan size, and the efficiency level of MFIs. With respect to competition, results are mixed. Only in Asia is a negative correlation between competition and lending interest rates detected. For other subsamples, it was found the competition is more likely to be negatively correlated with the size of loans.
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