growing number of microfinance organizations are attempting to build the human capital of micro-entrepreneurs in order to …, practices and revenues. The microfinance institution also had direct benefits through higher repayment and client retention …

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 … different games that allow us to unpack microfinance mechanisms in a systematic way. We find that risk-taking broadly conforms …

Expanding credit access is a key ingredient of development strategies worldwide. Microfinance practitioners … expansion. There is less consensus on the role of consumer credit in expansion initiatives. Some microfinance institutions are …

development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering …