DETERMINANTS OF BORROWER DROPOUT IN MICROFINANCE: AN EMPIRICAL INVESTIGATION IN MALI

Repeat borrowing is critical for the long-term financial viability of microfinance institutions (MFIs), which provide financial services to low-income households in developing countries. Repeat borrowers reduce MFI administrative costs, lower risks, and increase institutional productivity. In this paper we study the determinants of borrower dropout of an MFI operating in an urban center in Mali. Specifically, we quantify the explicit and implicit costs that a borrower must incur in obtaining loans from an MFI.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20568
Total Pages:
18
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-04-26

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