THE COST STRUCTURE OF MICROFINANCE INSTITUTIONS IN EASTERN EUROPE AND CENTRAL ASIA
dc.contributor.author | Hartarska, Valentina | en_US |
dc.contributor.author | Caudill, Steven B. | en_US |
dc.contributor.author | Gropper, Daniel M. | en_US |
dc.date.accessioned | 2006-08-01T16:35:08Z | |
dc.date.available | 2006-08-01T16:35:08Z | |
dc.date.issued | 2006-01-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:2006-809 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/40195 | en_US |
dc.description.abstract | Microfinance institutions are important, particularly in developing countries, because they expand the frontier of financial intermediation by providing loans to those traditionally excluded from formal financial markets. This paper presents the first systematic statistical examination of the performance of MFIs operating in Eastern Europe and Central Asia. A cost function is estimated for MFIs in the region from 1999-2004. First, the presence of subsidies is found to be associated with higher MFI costs. When output is measured as the number of loans made, we find that MFIs become more efficient over time and that MFIs involved in the provision of group loans and loans to women have lower costs. However, when output is measured as volume of loans rather than their number, this last finding is reversed. This may be due to the fact that such loans are smaller in size; thus for a given volume more loans must be made. | en_US |
dc.format.extent | 58258 bytes | |
dc.format.extent | 3151 bytes | |
dc.format.extent | 182488 bytes | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.relation.ispartofseries | 809 | en_US |
dc.subject | Eastern Europe, Banking, Microfinance, Efficiency | en_US |
dc.subject.other | G200, G210, O160 | en_US |
dc.title | THE COST STRUCTURE OF MICROFINANCE INSTITUTIONS IN EASTERN EUROPE AND CENTRAL ASIA | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/40195/3/wp809.pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
Files in this item
Remediation of Harmful Language
The University of Michigan Library aims to describe library materials in a way that respects the people and communities who create, use, and are represented in our collections. Report harmful or offensive language in catalog records, finding aids, or elsewhere in our collections anonymously through our metadata feedback form. More information at Remediation of Harmful Language.
Accessibility
If you are unable to use this file in its current format, please select the Contact Us link and we can modify it to make it more accessible to you.