VLIV EXTERNÍHO FINANCOVÁNÍ NA MIKROFINANČNÍ ROZVOJ – MAKROPOHLED

• Authors: Janda Karel , Van Quang Tran , Pavel Zetek

Title variants

EN

Influence of external funding on microfinance performance – macro perspective

• Languages of publication: CS

Abstracts

EN

Microfinance institutions finance their business activities primary with clients’ deposits, equity and subsidiary or with external funding. The aim of our thesis is to determine whether the external funding, macroeconomic development and the size of banking sector have some impact on a microfinance performance. Our findings reveal that the growth of external sources is positively associated with the number of female borrowers, interest rates or total expenditure. A significant negative effect can appear if the ratio of external funding to total assets is being uncontrollably increased over time.

Keywords

EN

MICROFINANCE; MACROECONOMIC INDICATORS; BANKING SECTOR; EXTERNAL FUNDING; BANKING; MACROECONOMY

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2015
• Volume: 63
• Issue: 2
• Pages: 115 – 132

Contributors

author

Janda Karel

• Univerzita Karlova, Fakulta sociálních věd, Smetanovo nábřeží 6, 110 01 Praha 1, Czech Republic

author

Van Quang Tran

author

Pavel Zetek