Asset-based microfinance for microenterprises: evidence from Pakistan
We run a field experiment offering graduated microcredit clients the opportunity to finance a business asset worth four times their usual borrowing limit. We implement this using a hire-purchase contract; our control group is offered a zero interest loan at the usual borrowing limit. We find large,...
| Main Authors: | , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
American Economic Association
2024
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