household income and assets in Kenya. We use a survey panel dataset, which allows us to control for unobserved heterogeneity …

Microfinance institutions, often criticised for inadequately addressing seasonality and hard-core poverty, have begun … assesses the effectiveness of PRIME and regular microfinance programs in reducing seasonal hardship. Findings of this article … suggest that PRIME is better targeted than regular microfinance programs and also performs better in mitigating seasonal …

microfinance membership on a household's ability to cope with seasonal famine known as Monga. We develop an estimation strategy … repayment by excluding the ultra-poor. Evidence shows that microfinance membership improves food security during Monga …