This paper examines whether recently introduced village funds", one of the largest microfinance programs ever …

Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement … overall effect, as well as specific mechanisms. The first removed group liability from pre-existing groups and the second … randomly assigned villages to either group or individual liability loans. In both, groups still held weekly meetings. We find …

Using a unique dataset of a commercial microfinance institution in Madagascar, this paper investigates how the … provision of microfinance loans with (in)flexible repayment schedules affects loan delinquencies of agricultural borrowers …

. Microfinance programs should strive at preventing such consequences of bounded rationality. …

This paper analyses the welfare effects of microfinance and inflation in developing countries. Therefore, we introduce … microfinance institution induces peer monitoring, which in turn enables entrepreneurship. Our main result is that there exists an … inflation threshold beyond which entrepreneurship collapses. We show that inflation affects the impact of microfinance on social …

is currently the largest and fastest growing microfinance program in the developing world, has been aggressively promoted …

Microfinance programs like the Self Help Bank Linkage Program in India have been increasingly promoted for their … between microfinance and women's empowerment. This paper contributes by arguing that women empowerment takes place when women …

This paper investigates investment performance of microfinance investment funds. The examined funds have recorded lower … revealed that investment in microfinance investment funds that focus especially on debt instruments represents an attractive … investors with a particular interest in the socially responsible aspect of investment into microfinance. …