ABSTRACT

This article examines the effects of location and legal status on the performance of microfinance institutions (MFIs) within sub-Saharan Africa (SSA) using panel dataset of 138 MFIs in 31 SSA countries covering 2004 to 2014. The econometric results show that legal status and location significantly influence the capitalisation, portfolio quality, profitability, liquidity, and deposit mobilisation of MFIs. MFI credit growth and deposit growth are similar across locations, but significantly differ by legal status. Most importantly, we found new evidence that location has moderating effect on the legal status–performance nexus of MFIs within SSA.

摘要

本文使用覆盖2004年至2014年的31个撒哈拉以南非洲国家138个小额信贷机构的面板数据，研究了地理位置和法律地位对撒哈拉以南非洲（SSA）内小额信贷机构（MFIs）绩效的影响。地点对小额信贷机构的资本化，投资组合质量，盈利能力，流动性和存款动员有重大影响。不同地区的MFI信贷增长和存款增长相似，但在法律地位方面有很大差异。最重要的是，我们发现了新的证据，表明选址对SSA内小额信贷机构的法律地位与绩效之间的关系具有调节作用。