‘Bang for buck’ in microfinance: Wellbeing mentorship or business education?
Edward N. Gamble
Journal of Business Venturing Insights, 2018, vol. 9, issue C, 137-144
Within the microfinance literature, there is a growing interest in institutional logics. This paper explores ways that microfinance institutions can overcome the logic-tension of offering developmental programs and maintaining financial stability. First, I conduct a randomized control trial in Uganda to examine the financial and non-financial outcomes of loan recipients. Second, I use results from the field experiment, in a resource allocation model, to optimize the goals of a lending institution. I find that wellbeing mentorship, rather than business training, is the best ‘bang for buck’ when considering the interests of both the women entrepreneurs and the microfinance lending institution.
Keywords: Entrepreneurship; Microfinance; Poverty; Randomized control trial; Wellbeing mentorship (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jobuve:v:9:y:2018:i:c:p:137-144
Access Statistics for this article
Journal of Business Venturing Insights is currently edited by Dimo Dimov
More articles in Journal of Business Venturing Insights from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().