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 c...

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Bibliographic Details
Main Authors: Cull, Robert, Demirgüç-Kunt, Asli, Morduch, Jonathan
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/02/6553699/financial-performance-outreach-global-analysis-leading-microbanks
http://hdl.handle.net/10986/8770