This study examines the factors and behaviors that affect Southeast US farmers’ ability to meet their loan payment obligations within the stipulated loan term. The study also estimates a credit risk model using farm-level financial information to determine the credit worthiness of various...

In spite of increasing pressure on microfinance institutions (MFIs) operating in developing countries to transform into regulated financial intermediaries, to date, no study has investigated whether regulated MFIs actually achieve better financial results and reach more poor clients than...

This paper applies the financing constraint approach to study whether microfinance institutions improved access to credit for microenterprises in Bosnia and Herzegovina. According to this approach, microenterprises with improved assess to credit rely less on internal funds for their investments....

Purpose – The purpose of this paper is to present a statistical examination of the factors affecting the performance of microfinance institutions (MFIs) operating in Eastern Europe and Central Asia. Design/methodology/approach – Data on MFIs operating in Eastern Europe and Central Asia...

The performance, management, and risk exposure of financial institutions operating in rural and agricultural markets determine the cost of agriculture’s ongoing access to financial capital. The evolution of general banking and agricultural finance research contributions in the structure,...

Purpose The purpose of this paper is to provide evidence of the positive impact of the FCS lending on farm incomes which should be useful to policymakers as they consider reforms and further support for this 100-year-old major agricultural lender. Design/methodology/approach The authors...

Purpose – In this paper, the authors set out to establish if there is a link between finance and economic growth in rural areas. The purpose of this paper is to evaluate the relation between credit by major lenders in rural areas – commercial banks and Farm Credit System (FCS) institutions...

Purpose – The purpose of this paper is to estimate the impact of financial derivatives on profitability in agricultural banks. Agricultural banks are new to the derivatives market and are unlikely to use financial derivatives for risk speculation. Thus, the paper also provides evidence on the...

Purpose – Microfinance practitioners have emphasized that appropriate control mechanisms are critical for the success of a microfinance institution (MFI). The purpose of this paper is to study the effects of external governance mechanisms on MFIs' performance, whereby external governance is...