کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
7388016 1480771 2018 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Credit risk in microfinance industry: Evidence from sub-Saharan Africa
ترجمه فارسی عنوان
ریسک اعتباری در صنعت قرضه کوچک: شواهد از کشورهای جنوب صحرای آفریقا
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
Paradoxically, a plethora of empirical evidence in the traditional banking industry claims that smaller loans are associated with higher risk and the exact opposite is true for large loans. In this study we investigate these claims by estimating the relationship between loan sizes and credit risk in the microfinance industry. The sample used for our analysis incorporates over 2000 annual observations, and 632 microfinance institutions drawn from 37 countries of the sub-Saharan African (SSA) region over the period 1995 to 2013. Using the GMM technique, our estimates indicate that credit risk is positively related to loan sizes among microfinance institutions operating in SSA. Our findings have significant implications for the portfolio managers of microfinance institutions operating in SSA, particularly in light of the current wave of mobile money services in many countries.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Review of Development Finance - Volume 8, Issue 1, June 2018, Pages 38-48
نویسندگان
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