Loan Officers Impede Graduation from Microfinance: Strategic Disclosure in a Large Microfinance Institution
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One of the most important puzzles in microfinance is the low rate of borrower graduation to larger, more flexible loans. Utilizing observational and experimental data from a large Chilean microfinance institution, we demonstrate that loan officers impede borrower graduation due to common features of
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美国国家经济研究局创建时间:
2021-11-01



