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Expanding access to financial services holds the promise to help reduce poverty and spur economic development. But, as a practical matter, commercial banks have faced challenges expanding access to poor and low-income households in developing economies, and nonprofits have had limited reach. We...
Persistent link: https://www.econbiz.de/10014025731
though they relax financing constraints. We relate this insight to the limited success of group-based microfinance in … loans ; social ties ; altruism ; peer-to-peer lending ; small business ; entrepreneurial finance ; microfinance ; missing …
Persistent link: https://www.econbiz.de/10009737925
competition between a bank and a microfinance institution (MFI), geographical distance and transportation costs alone are no …
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Financial inclusion and financial literacy are receiving increasing attention for their potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. In general, the progress of financial inclusion and financial development in...
Persistent link: https://www.econbiz.de/10011913480
Over the last 35 years, microfinance has been generally regarded as an effective policy tool in the fight against … address this question, we conduct a systematic review of the quantitative literature of microfinance's impacts in the … the limited comparability of outcomes and the heterogeneity of microfinance-lending technologies, together with a …
Persistent link: https://www.econbiz.de/10011776445
preference over borrowers in micro-finance lending. We distinguish between perceptions of transaction-related factors, such as …
Persistent link: https://www.econbiz.de/10011762970
The global microfinance movement is driven by the claim that once poor micro-entrepreneurs are provided access to … substantiate this claim. This paper reports on a field experiment conducted in Pakistan, in co-operation with Akhuwat microfinance … microfinance institutions in Pakistan. …
Persistent link: https://www.econbiz.de/10011731845
Formal institutions and social capital interact with each other in multiple ways. We argue and show empirically at the cross-country level that in the case of group lending, contract enforcement complements bonding social capital and substitutes for bridging one. It means that payoff to social...
Persistent link: https://www.econbiz.de/10015393871