Copestake, J.; Bhalotra, S.; Johnson, S. - In: Journal of Development Studies 37 (2001) 4, pp. 81-100
Expectations are high, but evidence of the impact of microcredit remains in short supply. This article estimates the impact of an urban credit programme in Zambia on business performance and on a range of indicators of wellbeing. Borrowers who obtained a second loan experienced significantly...