The Impact of Microfinance Loans on the Clients' Enterprises: Caja Los Andes, Bolivia
This paper analyzes the impact of microfinance loans on productivity and growth of micro-enterprises using a unique client database from Caja Los Andes, one of the leading microfinance providers in Bolivia. Our results show that the clients put the additional funds to good use: Clients with a higher number and a higher average size of prior loans are found to have higher growth rates than other clients. The effects on productivity depend on the size of the business. Surprisingly, clients with larger businesses benefit more from prior loans than others.
|Date of creation:||Mar 2001|
|Date of revision:||Nov 2001|
|Contact details of provider:|| Postal: |
Phone: +49 621 181 1776
Fax: +49 621 181 1774
Web page: http://www.vwl.uni-mannheim.de/gk
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