Sustainability and Outreach in the Microfinance Sector of Ghana

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F23%3A43924077" target="_blank" >RIV/62156489:43310/23:43924077 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.26493/1854-6935.21.223-251" target="_blank" >https://doi.org/10.26493/1854-6935.21.223-251</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.26493/1854-6935.21.223-251" target="_blank" >10.26493/1854-6935.21.223-251</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Sustainability and Outreach in the Microfinance Sector of Ghana

Popis výsledku v původním jazyce

The recent finance sector clean-up in Ghana led to the collapse of a number of microfinance institutions (MFIs), which reignited the discussion of whether MFIs can achieve much-needed financial sustainability while also meeting the goal of reaching out to the poor. In that regard, this paper explores the potential for MFIs to improve the breadth of outreach by fostering financial inclusion and to deepen the depth of outreach by targeting the poor while simultaneously pursuing self-sufficiency and profitability. Using data from the MIX database for 89 MFIs over a 20-year period, we employed fixed and random effects models to show that among other results, outreach is improved when MFIs are financed more by debt than equity and that the pursuit of profitability is a disincentive to outreach. Overall, the results suggest that with improved efficiency in the pursuit of sustainability, MFIs in Ghana stand better chances of achieving outreach both in depth and breadth.

Název v anglickém jazyce

Sustainability and Outreach in the Microfinance Sector of Ghana

Popis výsledku anglicky

The recent finance sector clean-up in Ghana led to the collapse of a number of microfinance institutions (MFIs), which reignited the discussion of whether MFIs can achieve much-needed financial sustainability while also meeting the goal of reaching out to the poor. In that regard, this paper explores the potential for MFIs to improve the breadth of outreach by fostering financial inclusion and to deepen the depth of outreach by targeting the poor while simultaneously pursuing self-sufficiency and profitability. Using data from the MIX database for 89 MFIs over a 20-year period, we employed fixed and random effects models to show that among other results, outreach is improved when MFIs are financed more by debt than equity and that the pursuit of profitability is a disincentive to outreach. Overall, the results suggest that with improved efficiency in the pursuit of sustainability, MFIs in Ghana stand better chances of achieving outreach both in depth and breadth.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2023

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Managing Global Transitions

ISSN

1854-6935

e-ISSN

1854-6935

Svazek periodika

21

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

SI - Slovinská republika

Počet stran výsledku

29

Strana od-do

223-251

Kód UT WoS článku

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EID výsledku v databázi Scopus

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