Becchetti, Leonardo; Conzo, Pierluigi - In: Applied Economics 45 (2013) 9, pp. 1201-1217
Microfinance Institutions (MFIs) are used to claim that their impact goes beyond money since rescuing from exclusion uncollateralized poor borrowers significantly affects their dignity, self-esteem, social recognition, future economic perspectives and, through it, life satisfaction. Our article...