| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16013 |
| DP16013 Serving the Underserved: Microcredit as a Pathway to Commercial Banks | |
| Sumit Agarwal; Tomas Kigabo; Camelia Minoiu; Andre Silva; Andrea Presbitero | |
| 发表日期 | 2021-04-07 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We examine the impact of a large-scale microcredit expansion program on financial access and the transition of previously-unbanked borrowers to commercial banks. Using administrative data on the universe of loans from a credit register accessible to all lenders, we show that the program improved access to credit, especially in underdeveloped areas, and reduced poverty. The program also generated positive spillovers to the commercial banking sector: a sizable share of first-time borrowers switched to banks, which cream-skim less risky borrowers and grant them larger, cheaper, and longer maturity loans. Switchers have lower default risk than non-switchers and are not riskier than other bank borrowers. Switchers also obtain better loan terms from banks compared to first-time bank borrowers without a credit history. Overall, our results suggest that the microfinance sector - in the presence of a credit reference bureau accessible to all lenders - can play a critical role in screening unbanked borrowers, allowing them to build a credit history and facilitating their transition to commercial banks |
| 主题 | Development Economics ; Financial Economics |
| 关键词 | Access to credit Microfinance Unbanked Credit bureau Bank loans |
| URL | https://cepr.org/publications/dp16013 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544996 |
| 推荐引用方式 GB/T 7714 | Sumit Agarwal,Tomas Kigabo,Camelia Minoiu,et al. DP16013 Serving the Underserved: Microcredit as a Pathway to Commercial Banks. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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