Standard microcredit contracts seem to have modest if any effects on the performance of small firms and no effects on household consumption. Could we construct a better design product to improve on the standard contract?
Researchers discuss their project in Pakistan which explores if alternative contracts do better, and what the effects of offering larger financial products are. You can also find out more about the project on the CSAE website: https://www.csae.ox.ac.uk/asset-based-microfinance-for-microenterprises-in-pakistan#/
Faisal Bari (Senior Research Fellow, Institute of Development and Economic Alternatives, and Lahore University of Management Sciences)
Kashif Malik (Associate Professor in Economics, Lahore University of Management Sciences)
Pramila Krishnan (Professor of Development Economics at Oxford Department of International Development, University of Oxford)
Muhammad Meki (Departmental Lecturer, Oxford Department of International Development, University of Oxford)
Simon Quinn (Deputy Director, CSAE and Associate Professor of Economics, Department of Economics, University of Oxford)