Kar, Ashim Kumar; Swain, Ranjula Bali - 2014
In recent years growing competition in the microfinance industry has been censured for multiple borrowing, default … crises, high interest rates and coercive recovery of loans. Using the Boone indicator as a measure for competition, our paper … investigates the impact of competition on microfinance institutions' (MFIs) outreach, financial performance and quality of loan …