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首页> 外文期刊>Applied Economics >Do microfinance institutions accomplish their mission? Evidence from the relationship between traditional financial sector development and microfinance institutions' outreach and performance
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Do microfinance institutions accomplish their mission? Evidence from the relationship between traditional financial sector development and microfinance institutions' outreach and performance

机译:小额信贷机构是否完成其使命?传统金融部门发展与小额信贷机构的推广和业绩之间的关系的证据

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摘要

This article analyses the relationship between outreach and performance of Microfinance Institutions (MFIs) on the one hand and traditional financial sector development on the other. The results indicate that MFIs reach more clients and are more profitable in countries where access to the traditional financial system is low. This finding is in line with the market-failure hypothesis: MFIs respond to a need that banks do not fulfill and MFIs flourish where the formal financial sector fails. Along the same line, the results demonstrate that MFIs serve poorer people in countries with well-developed financial systems. The results suggest that in countries with well-developed financial systems, the two sectors stand in more direct competition with each other. This competition pushes MFIs down the market and makes mission drift by MFIs less likely.
机译:本文一方面分析了小额信贷机构的服务范围与绩效之间的关系,另一方面也分析了传统金融部门的发展之间的关系。结果表明,在使用传统金融系统的国家较少的国家,小额信贷机构可以吸引更多的客户,并且利润更高。这一发现与市场失败假说是一致的:小额信贷机构对银行不能履行的需求做出回应,而在正规金融部门倒闭的情况下,小额信贷机构蓬勃发展。同样,结果表明,小额信贷机构为金融体系发达的国家的穷人服务。结果表明,在金融体系发达的国家中,这两个部门之间的竞争更为直接。这种竞争将小额信贷机构推向市场,并使小额信贷机构转移任务的可能性降低。

著录项

  • 来源
    《Applied Economics》 |2013年第15期|1965-1982|共18页
  • 作者单位

    Department of Economics, Universidad de Piura, Av. Ramon Mugica 131, Piura, Peru,APEC, Vrije Universiteit Brussel, Pleinlaan 2, Brussels 1050, Belgium,Centre for European Research in Microfinance (CERMi), Universite Libre de Bruxelles, Av. Franklin Roosevelt, Brussels 1050, Belgium;

    Centre for European Research in Microfinance (CERMi), Universite Libre de Bruxelles, Av. Franklin Roosevelt, Brussels 1050, Belgium,Hogeschool-Universiteit Brussel, Stormstraat 2, Brussels 1000, Belgium;

    `;

  • 收录信息 美国《科学引文索引》(SCI);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    financial sector development; microfinance; financial performance; outreach; mission drift;

    机译:金融部门发展;小额信贷财务绩效;外展;任务漂移;

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