Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7425989 | Journal of Business Venturing Insights | 2018 | 8 Pages |
Abstract
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.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Edward N. Gamble,