scholarly journals Access to Debt Finance: Which Policies Work? Empirical Evidence from Sub-Saharan Africa

2016 ◽  
Vol 5 ◽  
pp. 327-343
Author(s):  
Prosper Koto ◽  
Author(s):  
Laxmi Remer ◽  
Hanna Kattilakoski

AbstractThe topic of financial sustainability in microfinance institutions has become more important as an increasing number of Microfinance Institutions (MFIs) seek operational self-sufficiency, which translates into financial sustainability. This study aims to identify factors that drive operational self-sufficiency in microfinance institutions. To accomplish this, 416 MFIs in sub-Saharan Africa are studied and several drivers for operational self-sufficiency are empirically analyzed. Results indicate that these drivers are return on assets, and the ratios total expenses/assets and financial revenues/assets. The results imply that MFIs should encourage cost-management measures. They also reveal that there may not be a significant tradeoff in self-sufficiency and outreach. These findings will enable microfinance institutions worldwide to sharpen their institutional capabilities to achieve operational self-sufficiency and also provide policymakers with more focused tools to assist industry development.


Author(s):  
Ullamaija Kivikuru

The 1990s brought radical changes to Sub-Saharan Africa. In the rhetoric, the ownership mode appeared as a crucial marker of freedom. However, neither the access to the media nor the media content has changed much. The media mode, inherited from previous phases of social history, seems to change slowly. Old modes reproduce themselves in new media titles disregarding ownership mode. In this chapter, empirical evidence is sought from Namibia and Tanzania. The empirical evidence is based on two sets of one-week samples (2007, 2010) of all four papers. In this material, a government paper and a private paper from one particular country resemble each other more than when ownership modes are compared. Bearers of the journalistic culture seem to be to a certain extent media professionals moving from one editorial office to another, but the more decisive factors are the ideals set for journalism. The “first definition of journalism” reflects old times.


Author(s):  
Kong Yusheng ◽  
Jonas Bawuah ◽  
Agyeiwaa O. Nkwantabisa ◽  
Samuel O. O. Atuahene ◽  
George O. Djan

2011 ◽  
Vol 23 (5) ◽  
pp. 752-779 ◽  
Author(s):  
Matthias Basedau ◽  
Georg Strüver ◽  
Johannes Vüllers ◽  
Tim Wegenast

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