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...
Main Authors: | , , |
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Format: | Policy Research Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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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 |