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<p>This paper discusses the so-called commercial approach to microfinance under economic and ethical aspects. It first … shows how microfinance has developed from a purely welfare-oriented activity to a commercially relevant line of banking … business. The background of this stunning success is the almost universal adoption of the commercial approach to microfinance …
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We worked with two microlenders to test impacts of randomly assigned reminders for loan repayments in the “text messaging capital of the world”. We do not find strong evidence that loss versus gain framing or messaging timing matter. Messages only robustly improve repayment when they include...
Persistent link: https://www.econbiz.de/10010548154
Information asymmetries are important in theory but difficult to identify in practice. We estimate the presence and importance of adverse selection and moral hazard in a consumer credit market using a new field experiment methodology. We randomized 58,000 direct mail offers issued by a major...
Persistent link: https://www.econbiz.de/10005497798
</titre> This article aims to reflect the debates sparked by Latin America?s New Left?s criticisms of microfinance … divergent analyses and views. The challenge of the conference was to get researchers and people involved in microfinance to talk … analysing the financial inclusion strategies endorsed by these movements and aimed to determine microfinance prospects in this …
Persistent link: https://www.econbiz.de/10011187884
With remittances to the developing countries reaching USD 251 billion in 2007, there has been a recent surge of interest to understand the effective channelization of this flow of remittances for providing a variety of financial services desirable to the poor households in the receiving regions,...
Persistent link: https://www.econbiz.de/10011114389
microfinance programmes. As a consequence, the dialogue between private banks and aid donors has been intensifying, opening new … domaine de la microfinance. En conséquence, le dialogue entre les banques privées et les donneurs d’aide s’est intensifié, ce …
Persistent link: https://www.econbiz.de/10004962495