Microcredit interest rates and their determinants (2004-2011) (English)

From the beginning of modern microcredit, its most controversial dimension has been the interest rates charged by micro lenders, often referred to as microfinance institutions (MFIs). These rates are higher, often much higher, than normal bank rates, mainly because it inevitably costs more to lend and collect a given amount through thousands of tiny loans than to lend and collect the same amount in a few large loans. Higher administrative costs have...

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Author

Ford, William;

Gaul,Scott;

Rosenberg,Richard;

Tomilova,Olga;
Document Date
2013/06/01
Document Type
Working Paper (Numbered Series)
Report Number
81992
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2013/10/23
Disclosure Status
Disclosed
Doc Name
Microcredit interest rates and their determinants (2004-2011)
Keywords
Return on Average Equity

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Citation

Ford, William; Gaul,Scott; Rosenberg,Richard; Tomilova,Olga.

Microcredit interest rates and their determinants (2004-2011) (English). CGAP Access to Finance Forum ; no. 7 Washington DC ; World Bank. http://documents.worldbank.org/curated/en/125451468337250939

Microcredit interest rates and their determinants (2004-2011) (English)

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