Financial sustainability and microfinance institutions from an emerging market
Yükleniyor...
Dosyalar
Tarih
2018
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Virtus Interpress
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The purpose of this paper is to estimate the determinants affecting Financial Sustainability (FS) of Micro Finance Institutions (MFIs) working in Pakistan. The determinants are based on financing charges, size of loans, the age of the firm, size of Microfinance Institute, and proportion of female borrowers. These variables discern the important contribution to the effective financial sustainability of Microfinance institutions working in Pakistan. Data were collected from 25 Microfinance Institutions of their annual reports from 2008-2015. The multiple regression technique was used to measure financial sustainability with the given determinants. The results of this study show that financing charges, outreach and the proportion of female borrowers significantly explain the financial sustainability of MFIs. These are crucial determinants for alleviating poverty in Pakistan and attaining sound financial sustainability and survivorship of MFIs. This is one of the contributing studies in justifying various determinants affecting the financial sustainability in MFIs of Pakistan. This article is helpful for policymaker and management of MFIs to revitalize their focus to address the weaker parts of their capabilities and resources.
Açıklama
Anahtar Kelimeler
Financial Sustainability, Microfinance Institutions, Pakistan
Kaynak
Risk Governance and Control: Financial Markets and Institutions
WoS Q DeÄŸeri
Scopus Q DeÄŸeri
Cilt
8
Sayı
4
Künye
Burki, A. K., Sadiq, A., & Burki, H. U. (2018). Financial Sustainability and Microfinance Institutions from an Emerging Market. Risk Governance & Control: Financial Markets & Institutions, 8(4), 30–37. https://doi.org/10.22495/rgcv8i4p4
