Microcredit Impacts: Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco / Manuela Angelucci, Dean Karlan, Jonathan Zinman.

Format:

Book

Author/Creator:

Angelucci, Manuela.

Contributor:

National Bureau of Economic Research.

Karlan, Dean.

Zinman, Jonathan.

Series:

Working Paper Series (National Bureau of Economic Research) no. w19827.

NBER working paper series no. w19827

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Microcredit Impacts

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2014.

Summary:

Theory and evidence have raised concerns that microcredit does more harm than good, particularly when offered at high interest rates. We use a clustered randomized trial, and household surveys of eligible borrowers and their businesses, to estimate impacts from an expansion of group lending at 110% APR by the largest microlender in Mexico. Average effects on a rich set of outcomes measured 18-34 months postexpansion suggest no transformative impacts.

Notes:

Print version record

January 2014.