MAUK , Pheakdei

This study is inspired from a real scenario of microcredit lending introduced in Bangladesh by Yunus. A stochastic model of random delays in repayment installments is then constructed. Since delays occur without financial penalty, the interest rate is obviously lower than the exact claimed. This rate then becomes a random variable corresponding...

In his book with Alan Jolis, Vers un monde sans pauvreté (1997) Yunus gives the example of a microcredit loan of 1000BDT reimbursed via 50 weekly settlements of 22BDT and correctly claims that this corresponds to the annual interest rate of 20%. But this is without taking into account that if the borrower has good reasons not to pay at one...

In his book with Alan Jolis, Vers un monde sans pauvreté (1997) Yunus gives the example of a microcredit loan of 1000BDT reimbursed via 50 weekly settlements of 22BDT and correctly claims that this corresponds to the annual interest rate of 20%. But this is without taking into account that if the borrower has good reasons not to pay at one...