W. Jean Kwon
An Analysis of Organisational, Market and Socio-cultural Factors Affecting the Supply of Insurance and Other Financial Services by Microfinance Institutions in Developing Economies
St. John's University
article first investigates microfinanceprincipally microinsurancemarket global level business structure 600 microfinance institutions mfis 83 countries operation 19982007 empirically examines impact organisational market sociocultural factors supply insurance lending savings services mfis developing countries findings series probit analyses indicate rise financial expense ratio loan repayments arrears years operation number borrowers woman borrower ratio life insurance penetration ratio family size positively affect mfis willingness expand operations certainly microinsurance business contrast likely stay away insurance market loan asset ratio bad loan writeoff ratio average loan size comparison gni per capita rise seems mfis focus lending service muslim populous countries finally find evidence presence insurance affects availability savings service vice versa microfinance market