Article ID Journal Published Year Pages File Type
991457 World Development 2013 12 Pages PDF
Abstract

SummaryThis study responds to the need for more empirical knowledge pertaining to the effect of religion on development efforts. We use data from the microfinance industry to study performance differences between Christian and secular Microfinance Institutions (MFIs). We find that Christian MFIs have significantly lower funding costs and consistently underperform in terms of financial profit indicators. Contrary to our hypotheses Christian MFIs are as efficient in assuring loan repayment and their average loan sizes are on par with those of their secular peers.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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