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EBRD_MicroFinance.pdf
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A substantial part of the world's population has no or only limited access to formal financial services. Many of the poor depend of informal networks and family ties- which are often liss reliable or relatively expensive- and this may constraing potential entrepreneurs in executing profitable investment projects. To analyse to what extent a lack of credit may inhibit entrepreneurship and perpetuate poverty, this EBRD impact brief reports on a randomised field experiment in Bosnia and Herzegovina.
Authors
![Costas Meghir](/sites/default/files/styles/square_desktop/public/2022-07/Costas%20Meghir.jpg?itok=_N-Qaly5)
Research Fellow Yale University
Costas is a Research Fellow of the IFS and a Professor of Economics at Yale University and a Visiting Professor at University College London.
![Person graphic](/sites/default/files/styles/square_desktop/public/2022-06/IFS-person-graphic.png?itok=hWCtTSrz)
Heike Harmgart
![Britta Augsburg](/sites/default/files/styles/square_desktop/public/2022-06/Britta_Augsburg.jpg?itok=xID4yUz7)
Associate Director
Britta is an IFS Associate Director, Associate Staff at the Department of Economics at the UC and Researcher at NIHR Obesity Policy Research Unit.
![Person graphic](/sites/default/files/styles/square_desktop/public/2022-06/IFS-person-graphic.png?itok=hWCtTSrz)
Ralph De Haas
Report details
- Publisher
- IFS
Suggested citation
Augsburg, B et al. (2012). EBRD Impact Brief. Microfinance on the margin: Evidence from Bosnia and Herzegovina. London: IFS. Available at: https://ifs.org.uk/publications/ebrd-impact-brief-microfinance-margin-evidence-bosnia-and-herzegovina (accessed: 30 June 2024).
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