The Role of Subsidies in Microfinance: Evidence from The Grameen Bank

Morduch, J.
Journal of Development Economics, 60, October 1999, 229-248.

Focuses on the role of subsidies in microfinance as evidenced by the Grameen Bank of Bangladesh. Difficulties in maintaining high repayment rates; Role of the bank in alleviating poverty; Recognition of the myriad benefits that have been attributed to program participation.

Wagner Faculty