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on Microfinance |
| By: | Berg, Claudia; Emran, M. Shahe |
| Abstract: | This paper takes advantage of a unique data set on 143,000 poor households from northern Bangladesh to analyze the effects of microfinance membership on a household’s ability to cope with seasonal famine known as Monga. We develop an instrumental variables strategy that exploits a jump and a kink at the 10 decimal (0.1 acre) land ownership threshold driven by MFI screening process to ensure repayment by excluding the ultra-poor. Evidence from the local 2SLS estimator (Dong, 2017) shows that microfinance membership improves food security during the hungry season, especially for the poorest households who struggle to survive at the margin of 1 and 2 meals a day. Microfinance membership also reduces the probability of short-term migration for work during Monga, but is ineffective in reducing the incidence of advance sale of labor at low wages. These conclusions are also supported by estimates from minimum-biased IPW estimator of Millimet and Tchernis (2013) that reduces bias without imposing exclusion restrictions. |
| Keywords: | Microfinance, Ultra-Poor, Aggregate Anticipated Shock, Seasonal Famine, Monga, Coping Mechanisms, Food Security, Distress Sale of Labor, Short-term Migration, Local 2SLS. |
| JEL: | I3 O1 |
| Date: | 2017–06–20 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:79818&r=mfd |
| By: | Roth T.M.S Vathana; Abdelkrim Araar; Bopharath Sry; PHANN Dalis |
| Abstract: | We employ 2011–2014 panel data of eleven villages in Cambodia to investigate the impact of microcredit access on paddy quantity and income, expenditure on inputs of paddy production, and self-employment income. The panel data enables us to implement difference-in-differences and triple differences estimators. We find that credit participants observe a 26.1% increase in paddy income, 68.9% in paddy quantity and 26.5% in expenditure on inputs of paddy production. Poorer households benefit more from credit participation. Participants also observe an increased nonland durable assets relative to those of non-participants, particularly agricultural assets. We find week evidence that women participants benefit more from credit programme than male counterparts. Although women are more likely to start selfemployment activities with the loans—mainly in informal sector—the income gains are not statistically different from zero relative to what men earn. |
| JEL: | C11 G21 O1 Q11 |
| Date: | 2017 |
| URL: | http://d.repec.org/n?u=RePEc:lvl:pmmacr:2017-17&r=mfd |
| By: | Dev Nathan (IPC-IG); Govind Kelkar (IPC-IG) |
| Abstract: | "L'Inde et d'autres économies en développement d'Asie du Sud enregistrent un niveau de chômage élevé et comptent un grand nombre de femmes sans activité génératrice de revenus". (...) |
| Keywords: | Promouvoir, entrepreneuriat, femmes, pauvres, Associer, sécurité sociale, formation, microcrédit |
| Date: | 2017–03 |
| URL: | http://d.repec.org/n?u=RePEc:ipc:opfran:297&r=mfd |