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returns to borrowing from microfinance institutions (MFIS), some borrowers might be taking loans that they will not be able to …
Persistent link: https://www.econbiz.de/10012974083
This paper identifies separate and unique pathways to profits among small businesses in South Africa that are exposed to marketing or finance training in a randomized control study. The marketing group achieves greater profits by adopting a growth focus on higher sales, greater investments in...
Persistent link: https://www.econbiz.de/10012968091
The authors surveyed 41 firms in and around Moscow in the last two weeks of November 1992 to get an empirical handle on how firms are responding to the changing economic environment. They found the following conclusions. There were large negative (supply and demand) shocks to output for a...
Persistent link: https://www.econbiz.de/10012746920
Private investment can be an important engine of economic growth in East African countries, which, despite recent growth rates, are still plagued with adverse economic conditions. Against this backdrop, there has been substantial penetration of mobile money, moving beyond simple person-to-person...
Persistent link: https://www.econbiz.de/10012967438
Although a high rate of urbanization and a high incidence of rural poverty are two distinct features of many developing countries, there is little knowledge of the effects of the former on the latter. Using a large sample of Indian districts from the 1983-1999 period, the authors find that...
Persistent link: https://www.econbiz.de/10012974662
intensity at the province level over period 2007-14 with a model of consumption at the household level in 2011. Provincial data …
Persistent link: https://www.econbiz.de/10012967496
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 …
Persistent link: https://www.econbiz.de/10012958503
The impact of micro-credit interventions on existing credit markets is theoretically ambiguous. Previous empirical work suggests the entry of a joint-liability lender may lead to a positive impact on the informal lending rate. This paper presents the first randomized controlled trial-based...
Persistent link: https://www.econbiz.de/10012959136
Many microenterprises in developing countries have high returns to capital, but also face risky revenue streams. In principle, equity offers several advantages over debt when financing investments of this nature, but the use of equity in practice has been largely limited to investments in much...
Persistent link: https://www.econbiz.de/10012889427
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 …
Persistent link: https://www.econbiz.de/10012942940