Document Type

Thesis or dissertation

Date of this Version



Daniel Raff


Female microcredit recipients are more likely to productively apply loans and less likely to default. In the Nigerian market, however, studies have revealed stark gender disparities in both loan approval rates and mean loan amount. This paper uses reported data from FY2015-FY2019 from all licensed microfinance institutions (MFIs) to assess the importance of four structural components of MFIs (total asset value, the existence of nonfinancial women’s empowerment services, the percentage of female loan officers, and the percentage of female managers) in lending to women. Data limitations resulted in significant unexplained variance in all statistical models, while also revealing few relationships between the variables and the percent of female borrowers in an institution’s portfolio. This work intended to offer recommendations to Nigeria’s regulators and MFIs, but concludes that recommendations are not feasible from aggregated data; rather they must be derived from local studies wherein subtle influences may be accounted for.


Microfinance, Nigeria, Female Lending, Women’s Empowerment, Sustainability

Included in

Business Commons



Date Posted: 13 November 2019


To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.