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Review: The Economics of MicrofinanceRecensione dell'utente - Theresa Leone Davidson - Goodreads
After a somewhat reckless youth, in which I spent too much and saved nothing, I learned, relatively early, the importance of money, investing it wisely (and conservatively), and living well, well ... Leggi recensione completa
Review: The Economics of MicrofinanceRecensione dell'utente - Chase - Goodreads
If you want to understand microfinance, this is a great place to start. It helps you understand the fundamental economics issues microfinance grapples with and has a balanced view of the success and limitations of microfinance. Leggi recensione completa
adverse selection argue Armendariz de Aghion Assume average BancoSol Bangladesh Bank Rakyat Indonesia bank's Bolivia borrower's BRAC capital chapter charge clients collateral competition Consider constraints consumption contracts cost-benefit costs credit cooperatives credit market customers default deposits described donors earn economic efficiency effort entrepreneur estimates evaluations example expected FINCA FINCA Uganda funds Grameen Bank gross interest rate gross return group lending impacts incentives income increase individuals instrumental variables investment Khandker lender loan officers low-income marginal returns microcredit microfinance institutions microfinance program microinsurance microlenders microsaving moneylenders monitoring moral hazard Morduch opportunity cost participants percent probability period poor households potential poverty problem PRODEM profits repay repayment rates risk risk-neutral risky borrowers risky types ROSCAs rowers rural safe borrowers safe types savings shows social social capital staff studies subsidies Suppose tion typically variables village banks women
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