Mahjabeen, Rubana - In: Journal of Economic Development 35 (2010) 1, pp. 59-73
This paper employs a utility maximizing model to answer two questions: (i) what are the cost-related factors that determine the supply of a loan by traditional banks and microfinance institutions (MFIs)?; and (ii) why is the supply of micro loan zero under a bank¡¯s maximization problem while...