present estimates of this parameter derived from a randomized trial. The experiment was implemented by a consumer microfinance … well and is consistent with liquidity constraints that decrease with income. -- credit markets ; microfinance ; demand …

; microfinance ; field experiment ; savings mobilization ; deposit collector …

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 …

; microfinance ; female empowerment ; household decision making ; commitment …

the treatment groups. -- microfinance ; group lending ; group liability ; joint liability ; social capital …

development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering …-oriented durables goods purchased in the household. -- Savings ; microfinance ; female empowerment ; household decision making …

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 …-improving. -- Microfinance ; credit impact ; consumer credit …