Published in:CMF Working Paper Series ; No. 01-2012
Extent:
1 Online-Ressource (40 p)
Language:
English
DOI:
10.2139/ssrn.2587014
Identifier:
Origination:
Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 23, 2012 erstellt
Description:
“Market penetration” is often used as a criterion for microfinance funders, particularly investors, in microfinance asset allocation and portfolio construction. For years, low global market penetration has served as an argument of why investing in microfinance was advisable, often without sufficient differentiation between countries. Precise measures are, however, needed in order to better differentiate between those markets that are deeply penetrated and those with significant potential for expansion. This paper proposes a new set of indicators to measure market penetration in microfinance markets. It presents a unique dataset of microfinance market penetration rates for loans and deposits for a large set of countries, and implements refined measurements for a smaller selection of countries