de Mel, Suresh; McKenzie, David J.; Woodruff, Christopher M. - 2021
microenterprises, much higher than market interest rates. But returns were found to be much higher among men than among women, and … indeed were not different from zero for women. In this paper, we explore different explanations for the lower returns among … local areas are important. We do find evidence that women invested the grants differently from men. A smaller share of the …