MF 'Transparency' v. Mix Market
3/26/11
Update: check the MIX's improved version of this analysis.
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Interest Rates by Region
3/25/11
Working on chapter 7 now, I just updated and refined this graph showing the distribution of microcredit interest rates by region. It is my attempt to convey the kind of information in Figure 1 of this report by Richard Rosenberg, Adrian Gonzalez, and Sushma Narain.
Compartamos in Context
2/1/11
Yesterday, I tentatively pinned a 195%/year price tag on Compartamos's microcredit. That raises a question: is 195% a lot?
Does Compartamos Charge 195% Interest?
1/31/11
[Update: To compare Compartamos to its Mexican peers on price, read this next.]
Definitive Measurement of Grameen Interest Rates
1/11/11
MFTransparency just released the definitive analysis of the interest rates of the Grameen Bank. Bottom line: Grameen's rates are low---close to 20% for the standard loan product---and accurately disclosed. And the report is excellent, a model of the transparency it preaches to others.
OK, This Time I've Really Got It: Grameen's Interest Rate Revisited
11/2/10
[Note: This post may be wrong!]
In September, I determined that the effective annual interest rate on the Grameen Bank's standard loan product is exactly 23.3250889% (after factoring in share purchases and dividends). I know, you were thinking it was more like 23.3250888%.
Quick: What's the Grameen Bank's Interest Rate?
9/24/10
Something I've been fuzzy on is what interest rate the Grameen Bank charges. Seems like the sort of thing an aspiring microfinance expert should know.
Fortunately, the Grameen Bank is the world's best-documented microcreditor. One can, for example, quickly learn from the Bank's website that the rate is 16 percent.