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 t...
Main Authors: | Hoffmann, Vivian, Rao, Vijayendra, Surendra, Vaishnavi, Datta, Upamanyu |
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/619581491240135589/Relief-from-usury-impact-of-a-community-based-microcredit-program-in-rural-India http://hdl.handle.net/10986/26366 |
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