loans

A cap on corporate loan interest rates in Bangladesh led to an increase in lending–without rationing credit to riskier borrowers–indicating banks have substantial upfront market power. What are the implications for interest rate regulation in develop...

While digital credit broadens market access and reduces frictions in developing countries, default rates are often high. In Mexico, reducing loan speed—by doubling delivery time—decreased the likelihood of default significantly. Such waiting periods ...

Offering loans with flexible repayment schedules can improve outcomes for vulnerable borrowers while also reducing the risks faced by lending institutions

Loans allowed low-income households to reallocate labour away from the market and back onto their own farms, and thereby improve their own harvests

An experiment in Uganda shows that securing a loan with digital collateral can lead to positive benefits for both borrower and lender

Borrowers who receive loans for a fixed asset run larger businesses and see higher profits, with positive impacts on household consumption

Access to fast cash through digital credit may put consumers at risk for over-indebtedness and likelihood of default

Discrimination in consumer lending seems to come largely from biased male officers; combatting it may require cultural changes at the institutional level