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...

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Bibliographic Details
Main Authors: Hoffmann, Vivian, Rao, Vijayendra, Surendra, Vaishnavi, Datta, Upamanyu
Language:English
en_US
Published: World Bank, Washington, DC 2017
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