A new approach to microfinance
Maitra, Pushkar; Mitra, Sandip; Mookherjee, Dilip; Motta, Alberto; and Visaria, Sujata
(2014)
A new approach to microfinance.
[Online resource]
Traditional microcredit has had limited success at enabling farmers to expand the cultivation of risky but profitable cash crops. A new approach that uses local intermediaries and aligns their incentives with farmer profits could generate better outcomes for agricultural production and incomes
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