EconPapers    
Economics at your fingertips  
 

Money management and entrepreneurial training in microfinance: impact on beneficiaries and institutions

Lucia Dalla Pellegrina (), Giorgio Di Maio (), Paolo Landoni and Emanuele Rusinà ()
Additional contact information
Lucia Dalla Pellegrina: Università degli Studi di Milano-Bicocca
Emanuele Rusinà: University of California at Berkeley, Haas School of Business

Economia Politica: Journal of Analytical and Institutional Economics, 2021, vol. 38, issue 3, No 11, 1049-1085

Abstract: Abstract This study uses a randomized control trial to evaluate the outcome of integrating money management and entrepreneurial training into a microcredit program in India. We find positive and significant effects on clients’ financial management skills and entrepreneurship abilities, particularly for clients with higher human capital, or more diligent, or having an entrepreneurial idea, and an increase in initiative and self-confidence. Effects appear stronger for clients obliged to attend the training course or more interested in attending it. By considering missed or delayed repayments reduction we assess the benefits of the training provided and of extending it for the institution.

Keywords: Microfinance; Training program; Money management; Entrepreneurship (search for similar items in EconPapers)
JEL-codes: G21 I25 L31 O15 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1007/s40888-021-00217-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: Money Management and Entrepreneurial Training in Microfinance: Impact on Beneficiaries and Institutions (2015) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:epolit:v:38:y:2021:i:3:d:10.1007_s40888-021-00217-9

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/40888

DOI: 10.1007/s40888-021-00217-9

Access Statistics for this article

Economia Politica: Journal of Analytical and Institutional Economics is currently edited by Alberto Quadrio Curzio

More articles in Economia Politica: Journal of Analytical and Institutional Economics from Springer, Fondazione Edison
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-01-11
Handle: RePEc:spr:epolit:v:38:y:2021:i:3:d:10.1007_s40888-021-00217-9