From a supply gap to a demand gap? The risk and consequences of over-indebting the underbanked

Research, Preprint English OPEN
Schicks, Jessica (2011)
  • Subject: Microfinance | Over-Indebtedness | Supply Gap | Customer Protection | G21 | Microcredit | Economywide Country Studies: General | O50 | Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance | Microfinance; Microcredit; Supply Gap; Demand Gap; Over-Indebtedness; Customer Protection | Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages | Demand Gap | O16 | Economie
    • jel: jel:G21 | jel:O16 | jel:O50

In the past, the microfinance industry focused mainly on growth and outreach. Addressing financial exclusion implied a huge supply gap. Recent over-indebtedness crises in several countries have shown that this gap can turn into over-supply. The industry urgently require... View more
  • References (59)
    59 references, page 1 of 6

    Armendáriz, B.; M. Labie (Eds.) (2011) 'The Handbook of Microfinance'. London, Singapore: World Scientific Publishing.

    Ashraf, N., D. Karlan and W. Yin (2006) 'Tying Odysseus to the Mast: Evidence from a Commitment Savings Product in the Philippines'. Quarterly Journal of Economics, 121(2), 635-667.

    Bagwell, D. C. (2001) 'Hierarchical regression analysis of work outcomes with personal and financial factors'. Writings of the Western Region Home Management Family Economics Educators, 45-54.

    Banerjee, A. and S. Mullainathan (2009) 'The shape of temptation: Implications for the economic lives of the poor'. Harvard University & MIT.

    Banerjee, A. V. and E. Duflo (2007) 'The Economic Lives of the Poor'. Journal of Economic Perspectives, 21(1), 141-167.

    Banerjee, A. V., E. Duflo, R. Glennerster and C. Kinnan (2009) 'The miracle of microfinance? Evidence from a randomized evaluation'. MIT Poverty Action Lab Cambridge, MA.

    Besley, T. and S. Coate (1995) 'Group lending, repayment incentives and social collateral'. Journal of Development Economics, 46(1), 1-18.

    Betti, G., N. Dourmashkin, M.C. Rossi and Y.P. Yin (2007) 'Consumer over-indebtedness in the EU: measurement and characteristics'. Journal of Economic Studies, 34(2), 136-156.

    Brett, J. A. (2006) '"We Sacrifice and Eat Less": The Structural Complexities of Microfinance Participation'. Human Organization, 65(1), 8.

    Bridges, S. and R. Disney (2005) 'Debt and depression'. Centre for Finance and Credit Markets, School of Economics, Nottingham Working Paper No. 06/02.

  • Metrics
    No metrics available
Share - Bookmark