We conduct a field experiment offering graduated microcredit clients the opportunity to finance a business asset worth four times their previous borrowing limit. We implement this using a hire-purchase contract; our control group is offered a zero-interest loan.
This project evaluates to what extent heterogeneity in the take-up of microfinance and heterogeneity in its impacts on entrepreneurs explain the impact of microfinance on allocative inefficiency within occupational choice and investments.
This project will evaluate whether kinship pressure and mutual insurance arrangements contribute to the hiring of family members in microenterprises in Zambia.
This project seeks to understand in the context of Nigeria whether business incubators in developing countries achieve their desired impact and what can be done to intensify their impact.
This project assesses whether more accurate record-keeping by small-business owners enables them to improve their business practices and whether providing complementary business advice can aid adoption of record-keeping.
This project seeks to leverage an existing relationship with a large private utility company in Pakistan to rigorously evaluate the effects of energy quality on small business' outcomes.
This project considers an innovative new microfinance product, based on the principles of equity financing, in which promising potential entrepreneurs are provided with capital, training and mentorship to help them become online freelancers.