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Microfinance meets the market

datacite.subject.fosCiências Sociais::Economia e Gestãopt_PT
dc.contributor.advisorMiguel, António
dc.contributor.authorNielsen, Tobias
dc.date.accessioned2023-12-13T12:07:21Z
dc.date.available2023-12-13T12:07:21Z
dc.date.issued2023-01-13
dc.date.submitted2023-01-13
dc.description.abstractMicrolenders despite subsidies typically charge interest rates much higher than normal bank rates. This paper examines the reasonableness of these interest rates in a trend analysis by collecting and analyzing data from more than 3000 microlenders on their determinants of interest rates from 2007 to 2018. The analysis in conjunction with a background study of the market characteristics indicates that the majority of microlenders have become for-profit microlenders, who operate with reasonable levels of interest rates given their associated costs; if the reasonable level is defined as a level where interest rates yield a yearly profit of ~ 3 percent.pt_PT
dc.identifier.tid203312627pt_PT
dc.identifier.urihttp://hdl.handle.net/10362/161193
dc.language.isoengpt_PT
dc.subjectMicrofinancept_PT
dc.subjectFinancial inclusionpt_PT
dc.subjectCommercializationpt_PT
dc.subjectMicrocredit interest ratespt_PT
dc.titleMicrofinance meets the marketpt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameA Work Project, presented as part of the requirements for the Award of a Master’s degree in Finance from the Nova School of Business and Economics.pt_PT

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