14 Pages Posted: 8 Feb 2011
This paper investigates the existence of a difference in performance amongst microfinance institutions in Sub-Saharan Africa according to their legal status. A multivariate analysis of variance allows the study of a sample of 94 MFIs between 2001 and 2005. Results suggest that cooperatives show better organizational and financial efficiency than private companies and Non Governmental Organizations (NGOs). No significant difference in portfolio quality by the legal status of MFIs is found. Furthermore, no significant difference in profitability and viability is found between private companies and NGOs. However, while transactions are more intense in cooperatives, outreach (number of active borrowers) seems more important in private.
Suggested Citation: Suggested Citation
Tchuigoua, Hubert Tchakoute, A Comparative Study of Microfinance Institutions Performance in Sub-Saharan Africa According to their Legal Status. Annals of Public and Cooperative Economics, Vol. 82, No. 1, pp. 63-76, 2011. Available at SSRN: https://ssrn.com/abstract=1757635 or http://dx.doi.org/10.1111/j.1467-8292.2010.00430.x
This is a Wiley-Blackwell Publishing paper. Wiley-Blackwell Publishing charges $38.00 .
File name: j-8292.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.