Community or complementary currency systems have spread all around the world. Most often, they have been promoted as tools to foster sustainable development albeit they differ in terms of specific objectives. While many case studies have tried to assess the actual impact of these systems, there...

This study explores the social entrepreneurial potential of the rule-breaking practices of microfinance programs’ beneficiaries. We empirically apply the positive theory of social entrepreneurship that views social entrepreneurship as a pursuit of neglected positive externalities. Using the...

Among the contingent factors of the repayment rate of the microcredits, the joint responsibility of the borrowers is little analyzed in the empirical studies. Thanks to an original database, this article estimates the impact of the contingent factors of the repayment rate, particularly the loan...