Microcredit Interest Rates and Their Determinants, 2004-2011

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 rate...

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Bibliographic Details
Main Authors:	Rosenberg, Richard, Gaul, Scott, Ford, William, Tomilova, Olga
Format:	Working Paper
Language:	English en_US
Published:	CGAP, Washington, DC 2014
Subjects:	ACCESS TO DEPOSIT ACCESS TO FINANCE ACCESS TO SAVINGS ACCOUNTING ACCOUNTING POLICIES ADJUSTMENT ADMINISTRATIVE COSTS AMOUNT OF LOAN APR BAD DEBT BANK CREDIT BANK RATES BANKING AUTHORITIES BARGAINING POWER BORROWER BORROWING COSTS BORROWINGS CAPITAL STRUCTURE CASH FLOWS CENTRAL BANK CLAIM COLLATERAL COLLECTION EFFORTS COMBINATION OF EQUITY COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL BORROWING COMMERCIAL DEBT COMMERCIAL LENDING COMMERCIAL LOANS COMPULSORY DEPOSITS CONSUMER PROTECTION CREDIT RISK CREDIT UNION DEBT DEPOSIT DEPOSIT SERVICES DEPOSITORS DISBURSEMENT DIVIDENDS DOUBLE BOTTOM LINE ECONOMIES OF SCALE EMPLOYERS EQUITY INVESTMENT EQUITY INVESTMENTS EXCLUSIONS EXPLOITATION EXTERNAL AUDITORS FEE INCOME FINANCE COMPANIES FINANCIAL AUTHORITIES FINANCIAL DATA FINANCIAL HEALTH FINANCIAL INDICATORS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL PERFORMANCE FINANCIAL PROVIDERS FINANCIAL SELF-SUFFICIENCY FINANCIAL SERVICES FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SUPPORT FINANCIAL SUSTAINABILITY FIXED ASSETS FORMS OF CREDIT GOVERNMENT SUBSIDIES HIGH INTEREST RATES HOUSEHOLDS ID INFLATION INSURANCE INTEREST COST INTEREST EXPENSE INTEREST INCOME INTEREST PAYMENTS INTEREST RATE INTEREST RATE CAP INTEREST RATE CAPS INTEREST RATE DATA INTEREST RATE DECLINE INTEREST RATE DECLINES INTEREST RATES INTERNATIONAL INVESTMENT INTERNATIONAL MARKETS INVESTING INVESTMENT FUNDS LATE PAYMENT LENDER LENDERS LENDING AGENCIES LEVERAGE LIABILITY LOAN LOAN AMOUNT LOAN BALANCE LOAN CONTRACT LOAN COOPERATIVES LOAN DELINQUENCY LOAN LOSS LOAN LOSS PROVISIONING LOAN LOSSES LOAN OFFICER LOAN PAYMENTS LOAN PORTFOLIO LOAN PORTFOLIOS LOAN PRODUCT LOAN PRODUCTS LOAN SIZE LOAN SIZES MARKET CONDITIONS MARKET DATA MARKET DEVELOPMENTS MFI MFIS MICROBORROWERS MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTIONS MICROLOAN MONEY TRANSFERS MONEYLENDERS NET OPERATING INCOME NET PROFIT NET WORTH NOMINAL YIELD NONPERFORMING LOANS OPERATING COST OPERATING COSTS OPERATING EFFICIENCY OPERATING EXPENSES OUTREACH OUTSIDE LENDERS OUTSTANDING BALANCE OUTSTANDING LOAN OUTSTANDING LOANS POOR BORROWERS POOR CLIENTS POSTAL SAVINGS PROBABILITY OF DEFAULT PROBLEM LOANS PROFITABILITY PRUDENTIAL REGULATION PRUDENTIAL SUPERVISION REPAYMENT REPAYMENT CRISIS REPAYMENT PERIODS RETURN RETURN ON EQUITY RETURNS RETURNS ON EQUITY RURAL BANK SALARIES SAVINGS BANK SAVINGS SCHEMES SAVINGS SERVICES SHAREHOLDER SHAREHOLDERS SMALL BUSINESS SMALL BUSINESS LOANS SMALL LOAN SMALL LOANS SPECIALIZED BANKS STATE BANK TAX TRANSACTION TRANSACTION COSTS TRANSPARENCY VILLAGE VOLUNTARY DEPOSITS WAGES
Online Access:	http://documents.worldbank.org/curated/en/2013/06/18427787/microcredit-interest-rates-determinants-2004-2011 http://hdl.handle.net/10986/16655

Internet

http://documents.worldbank.org/curated/en/2013/06/18427787/microcredit-interest-rates-determinants-2004-2011
http://hdl.handle.net/10986/16655

Microcredit Interest Rates and Their Determinants, 2004-2011

Internet

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