Micro and Small Enterprises

Getting Capital to Microenterprises: What do we know about why and how?

Recent research illuminates the opportunity to increase incomes of microenterprise owners through the provision of capital.

Policy Paper
17 Jul 2019

Contract Design, Business Growth, and Female Entrepreneurship: Evidence from Microfinance in India

Several field experiments find positive returns to grants for male and not female micro- entrepreneurs. But these analyses overlook that female entrepreneurs often reside with a male business owner.

Research Note
5 Dec 2017

Are Small Firms Labour Constrained? Experimental Evidence from Ghana

Firms in poor countries are much smaller than firms in rich countries, with the modal firm being a single person, the owner. Meanwhile, youth unemployment and underemployment are widespread.

Research Note
19 Oct 2017

Loan Contract Structure and Adverse Selection: Survey Evidence from Uganda

While adverse selection is an important theoretical explanation for credit rationing it is difficult to empirically quantify. One reason is that most studies measure the elasticity of credit demand of existing or previous borrowers as opposed to the population at large.

Working Paper
29 Sep 2017

Growing Markets through Business Training for Female Entrepreneurs: A Market-Level Randomized Experiment in Kenya

A common concern with efforts to directly help some small businesses to grow is that their growth comes at the expense of their unassisted competitors. In this study, McKenzie and Puerto (2017) test this possibility using a two-stage randomized experiment in Kenya.

Working Paper
4 Sep 2017

Call Me Maybe: Experimental Evidence on Using Mobile Phones to Survey Microenterprises

Garlick, Orkin and Quinn (2017) run the first randomised controlled trial to compare microenterprise data from surveys of different frequency – weekly or monthly – and medium – phone or in-person.

Research Note
30 Aug 2017

Firm Entry Barriers, Growth Constraints, and Job Creation

Bazzi, Muendler and Rauch (2017) use new data on credit transactions and formal firms in Brazil to identify the effects of a large-scale expansion in credit for small and medium enterprises.

Research Note
8 Aug 2017

Challenges to Small and Medium-size Businesses in Myanmar: What are they and how do we know?

Kapteyn and Wah (2016) conducted a field study in the city of Yangon, Myanmar to investigate major obstacles to business development in the region.

Journal Article
24 Apr 2017

Managerial Human Capital in Small and Medium Enterprises

This randomized controlled trial evaluates a business training programme for women-owned small and medium enterprises in urban Uganda, examining both the direct effects on the management and growth of businesses invited to participate, and the indirect effects on the rest of the community.

Research Note
3 Apr 2017

Optimizing Network Referrals to Identify and Recruit Creditworthy Entrepreneurs

Microfinance lenders make limited credit offers because of operational challenges of extensive screening and selection process. We study if optimizing a referral protocol can be used to recruit good entrepreneurs and thus increase access to credit.

Research Note
27 Feb 2017

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