There is growing evidence that appropriate financial services have substantial benefits for
consumers, especially women and poor adults. This paper provides an overview of financial …

Many people in Low-and Middle-Income Countries (LMICs) work for Small and Medium-
sized Enterprises (SMEs). Oftentimes, these SMEs have limited access to finance …

Although theory suggests that financial market imperfections–mainly information
asymmetries, market segmentation and transaction costs–prevent poor people from …

Mobile money, a service that allows monetary value to be stored on a mobile phone and
sent to other users via text messages, has been adopted by the vast majority of Kenyan …

This paper reports results from the randomized evaluation of a group-lending microcredit
program in Hyderabad, India. A lender worked in 52 randomly selected neighborhoods …

INTRODUCTION Working in six countries with an international consortium, we investigate
whether a multifaceted Graduation program can help the extreme poor establish sustainable …

Many policies attempt to help extremely poor households build sustainable sources of
income. Although economic interventions have predominated historically,, psychosocial …

Despite evidence from multiple randomized evaluations of microcredit, questions about
external validity have impeded consensus on the results. I jointly estimate the average effect …

We propose strategies to estimate and make inference on key features of heterogeneous
effects in randomized experiments. These key features include best linear predictors of the …

We use data from a randomized controlled trial conducted in 2003–2006 in rural Amhara
and Oromiya (Ethiopia) to study the impacts of increasing access to microfinance on a …