The impact of microcredit on incomethe case of Banco Real in Brazil

Resumo

This study aims to evaluate the impact of productive microcredit provided by a microfinance institution linked to a commercial bank by examining a sample of 20,628 customers. Academic literature points to the existence of shared specific characteristics amongst successful microcredit programs, including: (a) the use of a solidarity group, also called a joint debtor, (b) strong female participation, (c) a focus on poor regions, and (d) the presence of a loan officer. This article finds that the female variable is associated with increased income for the individual participant. Women began the program with an average sales value less than men, yet their sales grew exponentially at about 10% with each extension of credit.

Ficha do documento

Tipo

Artigo científico

Ano

2014

Instituição

Instituto de Economa da Universidade Federal do Rio de Janeiro

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Acesso aberto

DOI

10.1590/141598481837

Identificador

oai:repositorio.fgv.br:10438/21371

Temas

Economia

Palavras-chave

MicrocreditCommercial banksImpactIncome generationWellbeingMicrocréditoBancos comerciaisImpactoGeração de rendaBem-estarEconomiaBem-estar econômicoMicrofinanças