Are microcredit interest rates excessive? (English)

Over the past two decades, institutions that make micro loans to low-income borrowers in developing and transition economies have focused increasingly on making their operations financially sustainable by charging interest rates that are high enough to cover all their costs. They argue that doing so will best ensure the permanence and expansion of the services they provide. Sustainable (i.e., profitable) microfinance providers can continue to serve...

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Author

Rosenberg,Richard;

Gonzalez,Adrian Francisco;

Narain,Sushma;
Document Date
2009/02/01
Document Type
Brief
Report Number
47955
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/07/01
Disclosure Status
Disclosed
Doc Name
Are microcredit interest rates excessive?
Keywords
access to financial service

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Citation

Rosenberg,Richard; Gonzalez,Adrian Francisco; Narain,Sushma.

Are microcredit interest rates excessive? (English). CGAP brief Washington, DC: World Bank. http://documents.worldbank.org/curated/en/365141468330311909

Are microcredit interest rates excessive? (English)

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