Efficiency Drivers of MFIs : The Role of Age
Microfinance institutions (MFIs) are becoming more efficient. This brief sheds light on how the age of individual MFIs and the age of the industry affect efficiency improvements. On an MFI level the authors look into scale economies, cost structure, and process durations as potential efficiency drivers. On an industry level the authors look into knowledge spillovers from one MFI to the other and market wide learning effects.
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Main Authors: | , |
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Language: | English |
Published: |
World Bank, Washington, DC
2009-02
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Subjects: | ACCESS TO LOANS, AMOUNT OF MONEY, ASSESSMENT PROCESS, BORROWER, CONSULTING SERVICES, CUSTOMER BASE, ECONOMIES OF SCALE, FIRST LOANS, HIGH INTEREST RATES, INSURANCE, LEARNING, LEARNING CURVE, LOAN, LOAN PORTFOLIO, LOAN SIZE, LOAN SIZES, MFI, MFIS, MICROBANKING, MICROFINANCE, MICROFINANCE INDUSTRY, MICROFINANCE INSTITUTIONS, MONEY TRANSFERS, MONEYLENDERS, OPERATING COSTS, POOR CLIENTS, PRODUCTIVITY, SAVINGS, SAVINGS SERVICES, SMALL LOANS, TERMS OF LOANS, WEB SITE, |
Online Access: | http://documents.worldbank.org/curated/en/2009/02/10404754/efficiency-drivers-mfis-role-age https://hdl.handle.net/10986/9499 |
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Summary: | Microfinance institutions (MFIs) are
becoming more efficient. This brief sheds light on how the
age of individual MFIs and the age of the industry affect
efficiency improvements. On an MFI level the authors look
into scale economies, cost structure, and process durations
as potential efficiency drivers. On an industry level the
authors look into knowledge spillovers from one MFI to the
other and market wide learning effects. |
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