Master Thesis Microfinance

Master Thesis Microfinance-26
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We also investigate the influence of international shareholders on the overall financial performance of MFIs and operating cost.

We find that 53% of MFIs that are shareholder owned have international shareholders.

We therefore conclude that the presence of international shareholders has a negative influence on overall financial performance of MFIs.

In addition, MFIs that have international shareholders have higher operating cost profiles in the form of administrative and personnel costs.

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The microfinance industry is experiencing rapid growth and financing this growth is a legitimate concern.

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