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,...

Descrición completa

Detalles Bibliográficos
Main Authors: Bari, F, Malik, K, Meki, M, Quinn, S
Formato: Journal article
Idioma:English
Publicado: American Economic Association 2024