Amin, Sajeda; Rai, Ashok S.; Topa, Giorgio - Center for International Development, Kennedy School of … - 1999
Subsidized loans have a history of being diverted to the rich. Yet recently microcredit programs, such as the Grameen Bank in Bangladesh, have become popular among donors and governments as a way to channel funds to the poor. This paper uses a unique panel dataset from two Bangladeshi villages...