Impact of Firm-specific Factors on the Financial Performance of Nepalese Microfinance Institutions

Background: Microfinance institutions (MFIs) are established with the aim of providing an opportunity to financially deprived people make them independent and come out poverty. To provide financial assistance targeted people, MFI must be able improve their performance. Thus, manager needs identify major factors that influence Objectives: This paper aims analyze impact firm-specific on performance Nepalese Institutions (MFIs. Methods: has applied descriptive causal comparative research design. The annual panel data 29 microfinance companies listed in Nepal stock exchange for period 2010/11 2020/21 been used. MFIs, appropriate multivariate regression model is selected based result Breusch Pagan Lagrangian multiplier test Hausman test. Results: Using fixed effect model, this found significant MFIs. Further, study a positive deposit ratio, management efficiency, weighted average interest rate spread negative asset quality Conclusion: concluded MFIs could can improved by increasing spread. On other hand, also should maintain lower level non-performing loans achieve higher