Can microcredit make an already slippery slope more slippery? : some lessons from the social meaning of debt / Thomas Dichter -- Is microdebt good for poor people? : a note on the dark side of microfinance / David Hulme -- Imagining microfinance more boldly : unleashing the true potential of...

The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and sub-optimal design. This could lead to undersaving compared to a world without market or behavioral frictions. Undersaving has important welfare consequences: variable consumption, low...

The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important welfare consequences: variable consumption,...

"Contains practical guidance for managing sounds savings operations for small and rural depositors. The book addresses two types of institutions: microfinance institutions and mainstream banks"--Provided by publisher

The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioral frictions. Undersaving can have important welfare consequences: variable consumption,...

Many studies have looked at the experiences of poor savers and there is plenty of anecdotal evidence that savings accounts have resulted in greater asset accumulation, better risk mitigation, and other benefits for poor households. But, to what extend does a hard look at the evidence support a...

The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioral frictions. Undersaving can have important welfare consequences: variable consumption,...