Giné, Xavier; Jakiela, Pamela; Karlan, Dean; Morduch, … - 2006 - rev.
Microfinance has been heralded as an effective way to address imperfections in credit markets. From a theoretical … perspective, however, the success of microfinance contracts has puzzling elements. In particular, the group-based mechanisms often … created an experimental economics laboratory in a large urban market in Lima, Peru and over seven months conducted eleven …
