This paper evaluates effectiveness of microfinance using Propensity Score Matching (PSM) method applied to data … the original study and provide more nuanced evidence by comparing Microfinance Institution (MFI) borrowers to those … true microfinance impact. The results suggest that microfinance can make a modest difference for some households in several …

The impact of micro-credit interventions on existing credit markets is theoretically ambiguous. Previous empirical work …-cost credit through a government-led self-help group program, the rollout of which was randomized at the panchayat level. The … intervention led to a dramatic 14.5 percent decline in the use of informal credit, as households substituted to lower-cost self …

Microfinance is generally seen as a way to fix credit markets and unleash the productive capacities of poor people who … are dependent on self-employment. The microfinance sector has grown quickly since the 1990s, paving the way for other …, generating a backlash against microfinance. This paper reconsiders the claims about microfinance, highlighting the diversity in …

constrained. This paper analyses whether, and how, micro-finance supports a large public health subsidy program in the developing … a cluster randomised controlled experiment of a sanitation micro-finance program that coincided with the launch of the … levels: First, micro-credit allows households officially ineligible for the subsidy to invest in sanitation by alleviating …