The Microfinance Business Model : Enduring Subsidy and Modest Profit

The Microfinance Business Model : Enduring Subsidy and Modest Profit

Recent evidence suggests only modest social and economic impacts of microfinance. Favorable cost-benefit ratios then depend on low costs. This paper uses proprietary data on 1,335 microfinance institutions between 2005 and 2009, jointly serving 80....

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Bibliographic Details
Main Authors: Cull, Robert, Demirguc-Kunt, Asli, Morduch, Jonathan
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
microcredit
microfinance
implicit subsidy
poverty
cost-benefit analysis
gender
commercialization
Online Access:http://documents.worldbank.org/curated/en/2016/08/26672277/microfinance-business-model-enduring-subsidy-modest-profit
http://hdl.handle.net/10986/24867

Internet

http://documents.worldbank.org/curated/en/2016/08/26672277/microfinance-business-model-enduring-subsidy-modest-profit
http://hdl.handle.net/10986/24867

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