This paper uses regressions to benchmark those African green fields relative to other microfinance providers and finds that green fields grew faster in terms of deposits and lending, improved their profitability to levels comparable to the top microfinance institutions, and substantially increased their lending to women. The effects were especially strong for green fields that followed a consultant-led model to establish a deep retail banking presence spanning multiple countries, including the creation of extensive branch networks. Although their loan sizes are somewhat larger than those of most African microfinance institutions, indicating less outreach to the poorest market segments, green fields have achieved rapid gains in financial inclusion on a broad scale.
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Document Type | General |
Publish Date | 24/09/2014 |
Author | |
Published By | World Bank Group |
Edited By | Saba Bilquis |