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The percentage of smallholders with access to finance is equally difficult to quantify. According to estimates, even … smallholders, primarily those in well-established value chains dedicated to higher value cash crops. International Finance … challenges of agricultural finance. The evidence of microfinance institution (MFI) involvement in financing commercial and semi …
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We examine whether returns to capital are higher for farmers who borrow than for those who do not, a direct implication of many credit market models. We measure the difference in returns through a two-stage loan and grant experiment. We find large positive investment responses and returns to...
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