Outreach and Efficiency of Microfinance Institutions

被引：381

作者：

Hermes, Niels ^{[1
]}

Lensink, Robert ^{[1
,2
,3
]}

Meesters, Aljar ^{[1
]}

机构：

[1] Univ Groningen, NL-9700 AB Groningen, Netherlands

[2] Wageningen Univ, Wageningen, Netherlands

[3] Univ Nottingham, Nottingham NG7 2RD, England

来源：

WORLD DEVELOPMENT | 2011年 / 39卷 / 06期

关键词：

microfinance; outreach; sustainability; TECHNICAL EFFICIENCY; BANK EFFICIENCY; COST EFFICIENCY; SUSTAINABILITY; PERFORMANCE; TRANSITION;

D O I：

10.1016/j.worlddev.2009.10.018

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

This paper uses stochastic frontier analysis to examine whether there is a trade-off between outreach to the poor and efficiency of microfinance institutions (MFIs). We find convincing evidence that outreach is negatively related to efficiency of MFIs. More specifically, we find that MFIs that have a lower average loan balance (a measure of the depth of outreach) are also less efficient. Moreover, we find evidence showing that MFIs that have more women borrowers as clients (again a measure of the depth of outreach) are less efficient. These results remain robustly significant after having added a number of control variables. (C) 2011 Elsevier Ltd. All rights reserved.

引用

页码：938 / 948

页数：11

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