Islam, Zahid; Porporato, Marcela; Waweru, Nelson - In: International Journal of Financial Services Management 7 (2014) 1, pp. 54-72
This paper examines the cost structures of 215 MFIs reported by the Microcredit Regulatory Authority of Bangladesh with a view to identify the main determinants of sustainability. MFIs in Bangladesh are an important case to study, as it is the first country to introduce an interest rate cap....