The Universality of Microfinance Operations Model in Eastern Europe and Central Asia: Financial Sustainability vs. Poverty Outreach

Ganna Sheremenko, Cesar Escalante () and Wojciech J. Florkowski

No 123286, 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington from Agricultural and Applied Economics Association

Abstract: This paper examines delinquency, profitability, and outreach determinants of microfinance institutions’ (MFIs) performance in Russia, the Caucasus, and Central Asia. The estimation is done using the Seemingly Unrelated Regression (SUR) technique. The estimation results suggest that the regions' MFIs are profit-driven but are expected to improve outreach in the long-run.

Keywords: Agricultural Finance; Financial Economics; International Development (search for similar items in EconPapers)
Pages: 27
Date: 2012
New Economics Papers: this item is included in nep-cwa, nep-mfd and nep-tra
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea12:123286

DOI: 10.22004/ag.econ.123286

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