Tag: credit
Testing financial innovations: Increasing loan repayment using digital collateral | VoxDev
June 18, 2021
“There is a general consensus that households in low- and middle-income countries (LMICs) have insufficient access to credit. Twenty years ago, economists were optimistic that microfinance would fill this void, yet most of the evidence…
A New Approach to Lending in Low- and Middle-Income Countries | NBER
June 01, 2021
“While microfinance has not broadly succeeded in relaxing credit constraints for the poor in low- and middle-income countries, a new form of credit using “digital collateral” is effective, a study by Paul Gertler, Brett Green, and…