Efficiency Analysis of Microfinance Institutions in Mahasarakham Province
Keywords:
Operational Efficiency, Microfinance InstitutionsAbstract
The purpose of this research was to study the efficiency of microfinance
institutions (MFIs) in Mahasarahkam Province. There were 19 microfinance institutions in
the sample. Data were analyzed by Data Envelopment Analysis : DEA, under Variable
Return to Scale. The result showed that all types of MFIs had higher efficiency scores.
Mega-sized MFIs had higher efficiency scores of 80.00%, large-sized MFIs had higher
efficiency scores of 25.00%, and Medium-sized MFIs had higher efficiency scores of
100%, the average efficiency scores under Variable Return to Scale was 0.8156. The
findings also showed that 12 MFIs had Decreasing Return to Scale : DRS. This implied
that outputs increase by less than proportional change in inputs.
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