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Competition and microcredit interest rates (English)

In many countries, including Uganda, Bangladesh, and Bolivia, microfinance has become more competitive in recent years. Competition is generally expected to benefit consumers by offering a wider choice of appropriate products and providers, better service, and lower prices. However, in some countries where microfinance is considered competitive, interest rates on micro-loans have remained stubbornly high. Does competition result in lower interest...
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Porteous,David John.

Competition and microcredit interest rates (English). CGAP focus note ; no. 33 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/950371468003908731

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