Caudill, Steven B.; Gropper, Daniel M.; Hartarska, Valentina - In: Journal of Financial Economic Policy 4 (2012) 4, pp. 292-304
regressions. Findings – During the study time period, MFIs involved in the provision of group loans and with a higher percentage … of loans to women had lower costs. The presence of subsidies is also found to be associated with higher MFI costs. Social … implications – Providing financial services to women, and use of group loans was associated with lower costs in Eastern Europe and …