Using data from 1299 microfinance institutions (MFIs) in 84 countries and following different approaches, it was found … the lending interest rate is determined by the funding cost, the loan size, and the efficiency level of MFIs. With respect …

Microfinance is a social innovation to alleviate poverty by providing small unsecured loans to local entrepreneurs and … the poor. Many borrowers use the microfinance loans to seed their small entrepreneurial businesses. However, the high … interest rates charged by the microfinance institutions (MFIs) are likely to increase the financial burden of the poor. In this …

they begin to embrace microfinance and adopt the European Code of good-practice in micro-finance. They have the potential …