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The impact of COVID-19 on the efficiency of microfinance institutions
Journal article   Peer reviewed

The impact of COVID-19 on the efficiency of microfinance institutions

C. Zheng and J. Zhang
International Review of Economics & Finance, Vol.71, pp.407-423
2021
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Abstract

This study investigates the effect of the COVID-19-induced decline in economic activities on the financial and social efficiency of microfinance institutions (MFIs). We find that the pandemic-induced impact decreases the financial efficiency of MFIs; however, the social efficiency of MFIs is increased under the impact of COVID-19. To explore potential channels through which efficiency is influenced by the COVID-19 outbreak, we examine the supply and demand side of MFIs’ funding. We find that the lending rate mediates the relationship between the impact of COVID-19 and MFI efficiency, whereas the mediating role of the funding rate is negligible.

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UN Sustainable Development Goals (SDGs)

This output has contributed to the advancement of the following goals:

#1 No Poverty
#3 Good Health and Well-Being
#5 Gender Equality
#10 Reduced Inequalities

Source: InCites

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InCites Highlights

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Collaboration types
Domestic collaboration
Citation topics
6 Social Sciences
6.178 Gender & Sexuality Studies
6.178.1183 Poverty Gender Disparities
Web Of Science research areas
Business, Finance
Economics
ESI research areas
Economics & Business
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