Khandker, Shahidur R.; Koolwal, Gayatri B.; Badruddoza, Syed - Economics Research, World Bank Group - 2013
Over the past 20 years, Bangladesh has witnessed strong competition among microfinance institutions. Using program …-level panel data from 2005-2010, this paper studies the microfinance institutions'recent competitive roles in their pricing of … view that newer microfinance institutions are less risk-averse in their targeting, or that increased borrowing among …