A randomized pilot experiment of BRAC Microfinance’s new flexible loan contract provides information on credit take-up, the pool of borrowers, and the potential for moral hazard abatement among microfinance borrowers.
In post-conflict settings, credit constraints and risk are often prevalent and binding. This project uses an experiment to estimate the competing effects of credit constraints and risk of retail firms at the end of commodity supply chains in Sierra Leone and Liberia.
This project examines potential switching costs for borrowers of formal credit and the impact of these costs on the competitiveness of the lending market.
