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We document that the fraction of entrepreneurs who work in the region where they were born is significantly higher than the corresponding fraction for dependent workers. This difference is more pronounced in more developed regions and positively related to the degree of local financial...
Persistent link: https://www.econbiz.de/10005827069
We document that the fraction of entrepreneurs who work in the region where they were born is significantly higher than the corresponding fraction for dependent workers. This difference is more pronounced in more developed regions and positively related to the degree of local financial...
Persistent link: https://www.econbiz.de/10005656430
microfinance organization operating in Pakistan since 2001. Borrowers are encouraged to give any amount they wish to the …
Persistent link: https://www.econbiz.de/10011294300
Delegating the allocation of public resources to community members is an increasingly popular form of delivering development programs and are associated with a tradeoff between improved information about potential beneficiaries and favoritism towards local elites. Unlike targeting cash transfers...
Persistent link: https://www.econbiz.de/10011817590
Lending to the poor is expensive due to high screening, monitoring, and enforcement costs. Group lending advocates believe lenders overcome this by harnessing social connections. Using data from FINCA-Peru, I exploit a quasi-random group formation process to find evidence of peers successfully...
Persistent link: https://www.econbiz.de/10012784586
Delegating the allocation of public resources to community members is an increasingly popular form of delivering development programs and are associated with a tradeoff between improved information about potential beneficiaries and favoritism towards local elites. Unlike targeting cash transfers...
Persistent link: https://www.econbiz.de/10011778872
This article grapples with the causes of India's microfinance crisis. By contrasting Bangladesh's highly successful … Grameen model with the allegedly “universalizable” version of India's SKS Microfinance (which precipitated the crisis), trust … — as the essential element accounting for the early success of microfinance. It is argued that the microfinance experience …
Persistent link: https://www.econbiz.de/10012964743
microfinance program that typically excludes them. The extreme poor were provided income-generating assets and continued support … that such a big push has indeed significant impact on graduation to the regular microfinance program. Social capital has …
Persistent link: https://www.econbiz.de/10008533259
microfinance borrowers. The paper posits that social capital - social relations that facilitate individual action – is essential …
Persistent link: https://www.econbiz.de/10010745098
microfinance organization operating in Pakistan since 2001. Borrowers are encouraged to give any amount they wish to the …
Persistent link: https://www.econbiz.de/10011445290