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Why are microcredit interest rates in sub-Saharan Africa so persistently high? Testing the predictions of theoretical models

The microfinance industry is progressing towards becoming a core of financial inclusion in the sub-Saharan African (SSA) region. Despite the recent growth of microfinance in the SSA, that industry is seemingly characterised by high lending rates. Those high rates have become a hotly debated topic am...

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Bibliographic Details
Main Author: Chikalipah, Sydney
Other Authors: de Jager, Phillip
Format: Thesis
Language:English
Published: Department of Finance and Tax 2022
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