The authors take advantage of the natural experiment generated by the exogenous change in government policy towards microcredit to evaluate the impact of the increased supply of microcredit on the utilization of credit by micro-entrepreneurs. Based on micro-entrepreneurs survey and administrative data from a microcredit program in Brazil, the authors show that: (i) the increased supply of microcredit raised formal credit utilization and this does...
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INFORMATION
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2013/01/01
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Article de revue
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82086
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1
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1
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2018/07/02
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Disclosed
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Expanding microfinance in Brazil : credit utilization and performance of small firms
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Municipalities
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