Downloads: 157
Research Paper | Finance | China | Volume 6 Issue 4, April 2017
Determinants of Microfinance Sustainability: An Empirical Analysis of Microfinance Institutions in Togo
Abstract: Microfinance has been globally accepted as a tool for poverty reduction by giving poor people access to financial services. However, Microfinance Institutions who are in charge of providing these services, in order to play their role and considerably help in reducing poverty, will have to exist and be able to serve the poor now and on a long term by assuring their longevity thus they must be sustainable. This paper aimed at identifying the factors that have an impact on the sustainability of microfinance institutions in Togo. It used a quantitative approach using panel data from 11 major institutions from 2006 to 2015. The study found that, outreach factors such as the number of active borrowers and the average loan size and also risk indicators such as the risk coverage and the write-off ratio affect the sustainability of microfinance institutions in Togo while other risk indicators such as the portfolio at risk>30 days and the loan loss rate were found insignificant.
Keywords: Microfinance, sustainability, operational self-sufficiency, Togo
Edition: Volume 6 Issue 4, April 2017,
Pages: 190 - 196
Similar Articles with Keyword 'Microfinance'
Downloads: 0
Research Paper, Finance, Kenya, Volume 9 Issue 11, November 2020
Pages: 203 - 208Influence of Microfinance Services on the Growth of Women Owned Enterprises in Bondo Town, Kenya
Quenter Adhiambo | Dr. Ofwa Joanes Otieno Wu'Adongo | Dr. Michael Nyagol
Downloads: 1
Research Paper, Finance, India, Volume 11 Issue 2, February 2022
Pages: 927 - 931Role of Microfinance for Financing Poor People in India
Dr. Anindita Neogi