This paper examines the combined effect of interest rates and poverty levels of microfinance clients on loan size. Cross section data on 2,691 clients and non-clients households from Ghana is used to test the hypothesis of loan price inelasticity. Quantile regression and variants of least...

This paper investigates a relationship between economic governance and the dual objectives of microfinance institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs, the important role of other institutions, such as country-level business registry...

This study argues that patterns, trends and drivers of the efficiency of microfinance institutions (MFIs) depend on the scope of financial sustainability measures and on MFIs' inclination to either of the dual objectives of financial systems and outreach. A balanced panel data of 164 MFIs for...

This paper investigates a relationship between economic governance and the dual objectives of Microfinance Institutions (MFIs): poverty reduction and financial viability. Using an unbalanced panel of 531 MFIs the important role of other institutions such as country-level business registry...