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Behavioral Foundations of Microcredit: Experimental and Survey Evidence from Rural India

Describes finding from an experiment in rural India that suggest that the structure of microcredit loan contracts can help people with self-discipline problems who lack suitable savings products.

Access the full paper here.

Type: Brief
Date: December 2009
Authors: Michal Bauer, Julie Chytilová, Jonathan Morduch
Country: India
Research Areas: Reimagining Financial Access
Themes: Behavioral Economics