Campion, Anita; Ekka, Rashmi Kiran; Wenner, Mark D. - 2010
Microfinance institutions (MFIs) have been successful in providing credit to millions of low-income borrowers in groups … examine microfinance interest rates and their determinants in order to understand how these rates might be lowered. Using high … profit-making MFIs charging lower interest rates. We also find that interest rate caps reduce the outreach of these …