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"Although there has been considerable recent interest in micro-credit programs, rigorous evidence on the impacts of … pre-existing groups. Evidence of higher consumption - but not income or asset formation - by participants suggests that at … income sources rather than exploitation of new income sources. Evaluation of such programs in ways that allow heterogeneity …
Persistent link: https://www.econbiz.de/10011394178
"Despite the popularity and unique nature of women's self-help groups in India, evidence of their economic impacts is scant. Based on two rounds of a 2,400 household panel, the authors use double differences, propensity score matching, and pipeline comparison to assess economic impacts of longer...
Persistent link: https://www.econbiz.de/10011394180
"This paper analyzes data from a randomized experiment on mean returns to capital in Sri Lankan micro-enterprises. The findings show greater returns among men than among women; indeed, returns were not different from zero for women. The authors explore different explanations for the lower...
Persistent link: https://www.econbiz.de/10010521013
"Microfinance has been heralded as an effective way to address imperfections in credit markets. But from a theoretical perspective, the success of microfinance contracts has puzzling elements. In particular, the group-based mechanisms often employed are vulnerable to free-riding and collusion,...
Persistent link: https://www.econbiz.de/10010522103
"The author assesses the extent to which Chilean firms have access to sufficient and adequate sources of funds. Access to finance has become an important issue for policymakers in Latin America. Small and medium enterprises (SMEs), in particular, complain that their lack of access to adequate...
Persistent link: https://www.econbiz.de/10010522215
"Microfinance contracts have proven able to secure high rates of loan repayment in the face of limited liability and information asymmetries, but high repayment rates have not translated easily into profits for most microbanks. Profitability, though, is at the heart of the promise that...
Persistent link: https://www.econbiz.de/10010522233
: India's rural poor currently have very little access to finance from formal sources. Microfinance approaches have tried to … clients to formal financial institutions. The paper offers some suggestions on what it would take to reform these institutions …
Persistent link: https://www.econbiz.de/10010522554
services, including a focus on access by those at low income, Honohan provides a selective review of the diverse sources of …
Persistent link: https://www.econbiz.de/10010522594