MICROCREDIT AND THE POOREST OF THE POOR: THEORY AND EVIDENCE FROM BOLIVIA

Sergio Navajas, Mark Schreiner, Richard L. Meyer, Claudio Gonzalez-Vega and Jorge Rodriguez-Meza
Authors registered in the RePEc Author Service: Jorge Luis Rodriguez Meza

No 28334, Economics and Sociology Occasional Papers - ESO Series from Ohio State University, Department of Agricultural, Environmental and Development Economics

Abstract: We construct a theoretical framework that puts the social worth of a microfinance organization (MFO) in terms of the depth, worth to users, cost to users, breadth, length, and scope of its output. We then analyze evidence of depth of outreach for five MFOs in Bolivia. Most of the poor households reached by the MFOs were near the poverty line- they were the richest of the poor. Group lenders had more depth of outreach than individual lenders. The urban poorest were more likely to be borrowers, but rural borrowers were more likely to be among the poorest.

Keywords: Financial Economics; Food Security and Poverty (search for similar items in EconPapers)
Pages: 36
Date: 1998
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Citations: View citations in EconPapers (22)

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Related works:
Journal Article: Microcredit and the Poorest of the Poor: Theory and Evidence from Bolivia (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ohsesp:28334

DOI: 10.22004/ag.econ.28334

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