Microcredit promised business growth for
small firms lacking access to banking loans. Although
microcredit has reached millions, recent randomized
evaluations find limited average business impacts. Critics
often blame contract rigidity, specifically the fixed and
frequent installments, for the lack of productive
risk-taking. But such rigidity may instill borrower
discipline. This study partnered with a Colombian lender
that offered first-time...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2022/11/17
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Рабочий документ в рамках исследования вопросов политики
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WPS10235
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1
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2022/11/17
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Disclosed
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Give Me a Pass : Flexible Credit for Entrepreneurs in Colombia
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Официальная версия документа (может содержать подписи, и т.д.)
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