This paper describes a new index of the quality of the business environment for microfinance institutions (the Global Microscope on the Microfinance Business Environment). Regressions are used to validate the index by linking it and its sub-components to microfinance outcomes. The main findings...

Published research on credit counseling and mortgage termination is surprisingly scarce, despite substantial growth in this industry. While the purpose of counseling is to assist low-income borrowers to improve their handling of debt and thereby reduce default, counseling may also improve the...

Published research on credit counseling and mortgage termination is surprisingly scarce, despite substantial growth in this industry. While the purpose of counseling is to assist low-income borrowers to improve their handling of debt and thereby reduce default, counseling may also improve the...

Die Autoren beschreiben und diskutieren das Programm einer Nichtregierungsorganisation (NRO) in Gambia, das zum Ziel hat, die einheimischen informellen Spar- und Kreditvereinigungen mit der formalen Finanzinstitution zu verbinden. Die sorgfältige institutionelle Ausgestaltung durch die NRO...