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Benchmarking the financial performance, growth, and outreach of greenfield microfinance institutions in Sub-Saharan Africa (English)

In recent years there has been a rapid increase in the presence and growth of greenfield microfinance institutions in Sub-Saharan Africa. This paper uses regressions to benchmark those African greenfields relative to other microfinance providers and finds that greenfields grew faster in terms of deposits and lending, improved their profitability to levels comparable to the top microfinance institutions, and substantially increased their lending to...
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Citation

Bull,Greta L.; Cull,Robert J.; Harten,Sven; Nishida,Ippei.

Benchmarking the financial performance, growth, and outreach of greenfield microfinance institutions in Sub-Saharan Africa (English). Policy Research working paper ; no. WPS 7029 Washington, DC: World Bank Group. http://documents.worldbank.org/curated/en/935191468191647988

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