Pricing in Microfinance: Theory and Empirical Evidence
Rosenberg et al. recently published a report on Microcredit Interest Rates and Their Determinants covering the period 2004 to 20111. The report aggregates financial data for microlenders reporting to MIX2 and comments on the trend and determinants of microcredit interest rates across different geographical regions. This post compares the observations in the report with the MFI model developed by Chaudhary […]