A Study On The Management Efficiency Of Microfinance Institutions In Developing Countries

By the background of world attention in the microfinance institutions in developing countries,microfinance institutions on the basis of the data,using structured method,combining the cost function model and efficiency function model,using the translog cost function model in foundation can ensure the dual objectives of microfinance institutions,social and financial goals of the and through the stochastic frontier analysis(SFA)method,and fully guarantee the premise of financial sustainable microfinance institutions,to estimate the size of the established customer service under the level of management efficiency,the selection of the corresponding indicators and four aspects separately from the customer service breadth,depth,risk and the external environment,such as the size of loans,loans to customers of women the proportion of per capita,the amount of loans,risk,institutions operating years and rating agencies and other indicators to a nalyze the Impact on microfinance institutions and customer level management efficiency.The results show that,in terms of cost control,microfinance institutions subject to its restrictions on the scale of the more widespread diseconomies of scale,appropriate to expand the elements of microfinance institutions investment scale,optimizing the input structure,improve the allocation efficiency,increase the service population and the number of loans,control and regulation from input and output the two stage was to promote microfinance institutions to achieve economies of scale,scale income,to achieve the dual goals of microfinance institutions.In the aspect of efficiency function,the average loan amount have a positive impact and management efficiency,enhance the depth of customer service can improve the management efficiency of microfinance institutions;expand microfinance institutions and by reducing the total size of the loan outstanding loan to control the credit risk,is helpful to the improvement of management efficiency;management efficiency of third party intermediaries for small credit institutions can also have an impact,such as the information disclosure rating of microfinance institutions can improve the management efficiency,supervision departments to control its scope of business can inhibit the institutions management level.O n this basis,this paper presents some recommendations,such as microfinance institutions from the input and output of the two stages of improvement,two pronged approach to optimize the cost structure by changing the input scale and to increase the amount of customer service,improve cost efficiency,reduce the loan amount and the total size of the loan to improve the efficiency of management,while strengthening microfinance institutions and local government agencies,combined with the third party intermediary organization,to consolidate the market position and competitiveness of microfinance institutions,improve the business environment,improve the management level of microfinance institutions.