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Female Access to Credit in France: How Microfinance Institutions Import Disparate Treatment from Banks

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  • Anastasia Cozarenco

    (AMSE - Aix-Marseille School of Economics - Centre national de la recherche scientifique (CNRS) - École des Hautes Études en Sciences Sociales (EHESS) - Ecole Centrale Marseille (ECM))

  • Ariane Szafarz

    (Centre Emile Bernheim - Université Libre de Bruxelles (ULB) - SBS-EM, CERMi - Centre for European Research in Microfinance)

Abstract

This paper compares the loans granted to male and female entrepreneurs by a French microfinance institution (MFI). The sample period is split in two: before and after the MFI implemented France's regulatory EUR 10,000 loan ceiling. In the first period, the MFI does not co-finance projects with mainstream banks and loan size is gender-insensitive. In the second period, the MFI does co-finance above-ceiling projects with mainstream banks, and we observe a gender gap in loan size. The results suggest that co-financing leads the originally gender-neutral MFI to import disparate treatment from mainstream banks.

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Bibliographic Info

Paper provided by HAL in its series Working Papers with number halshs-00874448.

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Date of creation: Dec 2013
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Handle: RePEc:hal:wpaper:halshs-00874448

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Keywords: microcredit; bank; loan ceiling; gender; France;

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