The Impacts of Microcredit: Evidence from Bosnia and Herzegovina
42 Pages Posted: 20 Nov 2012 Last revised: 26 Feb 2023
Date Written: November 2012
Abstract
We use an RCT to analyze the impacts of microcredit. The study population consists of loan applicants who were marginally rejected by an MFI in Bosnia. A random subset of these were offered a loan. We provide evidence of higher self-employment, increases in inventory, a reduction in the incidence of wage work and an increase in the labor supply of 16-19 year olds in the household's business. We also present some evidence of increases in profits and a reduction in consumption and savings. There is no evidence that the program increased overall household income.
Suggested Citation: Suggested Citation
Augsburg, Britta and De Haas, Ralph and Harmgart, Heike and Meghir, Costas, The Impacts of Microcredit: Evidence from Bosnia and Herzegovina (November 2012). NBER Working Paper No. w18538, Available at SSRN: https://ssrn.com/abstract=2178317
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