This paper uses stochastic frontier analysis (SFA) to examine whether there is a trade-off between outreach to the poor and efficiency of microfinance institutions (MFIs). Using a sample of more than 1,300 observations, our study suggests that outreach and efficiency of MFIs are indeed negatively correlated.
|Place of Publication||Groningen|
|Publisher||University of Groningen, SOM research school|
|Number of pages||29|
|Publication status||Published - 2008|
|Name||SOM Research Reports|
|Publisher||University of Groningen, SOM Research School|