Relief from usury: Impact of a community-based microcredit program in rural India

The impact of micro-credit interventions on existing credit markets is theoretically ambiguous. Previous empirical work suggests the entry of a joint-liability lender may lead to a positive impact on the informal lending rate. This paper presents the first randomized controlled trial–based evidence...

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Bibliographic Details

Main Authors:	Hoffmann, Vivian, Rao, Vijayendra, Surendra, Vaishnavi, Datta, Upamanyu
Format:	Artículo preliminar
Language:	Inglés
Published:	World Bank 2017
Subjects:	rural communities interest rates microcredit economic development rural finance self-help groups poverty credit monetary policies
Online Access:	https://hdl.handle.net/10568/148210