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Financial performance and outreach : a global analysis of leading microbanks

Microfinance contracts have proven able to secure high rates of loan repayment in the face of limited liability and information asymmetries, but high repayment rates have not translated easily into profits for most microbanks. Profitability, though, is at the heart of the promise that microfinance can deliver poverty reduction while not relying on ongoing subsidy. The authors examine why this promise remains unmet for most institutions.

Link http://www-wds.worldbank.…64258546&theSitePK=523679
Author Cull, R., Demirguc-Kunt, A., Morduch, J.
Date 01-Feb-2006
Institute World Bank
Tags bank, loan, microfinance

See also

  1. Limitations of monetary policy and perspectives of financial deficit in the public budget of Kyrgyz Republic during 1998-2001.
  2. Building sound banking in transition countries
  3. What should the multilateral development banks do?
  4. Banking reform and development in transition economies
  5. Building sound banking in transition countries

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