Wednesday, May 22, 2013

New Compartamos Study

Compartamos invited three economists, Dean Karlan, Manuela Angelucci and Jonathan Zinman, to undertake two randomized control tests to find out the impact of Compartamos' lending practices on clients.  Overall, the studies show that microcredit typically benefits borrowers in a variety of ways, even if it does not lift them immediately out of poverty.

For the study, see http://karlan.yale.edu/p/WinSomeLoseSome_Release%20%281%29.pdf

For a recent article in the Economist about the study, see "Mexico: Put to the Test" (http://www.economist.com/blogs/schumpeter/2013/05/microcredit) 

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