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The Efficiency of Multi-Tier Savings and Credit Cooperatives in Developing Countries: A Study Based on Empirical Research in West Africa

The Efficiency of Multi-Tier Savings and Credit Cooperatives in Developing Countries: A Study Based on Empirical Research in West Africa

Paperback

Series: Entwicklung Und Finanzierung, Book 8

Economics

Currently unavailable to order

ISBN10: 3631377371
ISBN13: 9783631377376
Publisher: Peter Lang
Published: Oct 1 2001
Pages: 206
Language: English
As a means of fighting poverty, the support of microfinance institutions has gained major significance in development aid. However, the widespread expectation that these institutions would quickly become self-sustaining has so far only rarely been fulfilled.
This applies in particular to multi-tier savings and credit cooperatives, whose way of functioning is examined in the present study using innovative organisation- and cost-analysis instruments. The analysis reveals the dominance of the upper institutional levels, which attempt to position themselves as intermediaries for public development aid and as a result generate extremely inefficient operations, instead of providing efficient support services for the lower level institutions.

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