Competition Between Microfinance NGOs: Evidence from Kiva

被引：52

作者：

Ly, Pierre ^{[1
]}

Mason, Geri ^{[2
]}

机构：

[1] Univ Puget Sound, Tacoma, WA 98416 USA

[2] Seattle Pacific Univ, Seattle, WA USA

来源：

WORLD DEVELOPMENT | 2012年 / 40卷 / 03期

关键词：

Nongovernment Organizations; microfinance; competition; charitable giving; developing countries; NONPROFITS; PERFORMANCE; MERGERS; PROFIT; MARKET;

D O I：

10.1016/j.worlddev.2011.09.009

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

This paper investigates empirically the effect of competition between microfinance NGOs seeking subsidized capital from individual social investors. Although NGO behavior in competitive environments is often subject to controversy, there is little formal empirical evidence to illustrate theoretical findings and inform policy. Using data from Kiva, an online peer-to-peer (P2P) microfinance platform, we find that competition has a sizable negative impact on projects' funding speed and that the effect is stronger between close substitutes. This is important because competition for subsidized capital implies organizational pressures similar to those faced when NGOs compete for donations. (C) 2011 Elsevier Ltd. All rights reserved.

引用

页码：643 / 655

页数：13

共 32 条

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