Too much microcredit? A survey of the evidence on over-indebtedness (English)

Microcredit has long had an enviable repayment record; levels of delinquency and default have been very low. But more recently, collection problems have appeared in some major markets. In a review of four countries, Chen, Rasmussen, and Reille (2010) reported that delinquent loans, which averaged 2 percent of portfolio in 2004, skyrocketed to 2009 levels of 7 percent in Bosnia-Herzogovina, 10 percent in Morocco, 12 percent in Nicaragua, and 13 percent...

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Author

Schicks, Jessica;

Rosenberg,Richard;
Document Date
2011/09/01
Document Type
Working Paper (Numbered Series)
Report Number
64980
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2011/10/18
Disclosure Status
Disclosed
Doc Name
Too much microcredit? A survey of the evidence on over-indebtedness
Keywords
early warning system

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Citation

Schicks, Jessica; Rosenberg,Richard.

Too much microcredit? A survey of the evidence on over-indebtedness (English). CGAP Occasional paper ; no. 19 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/553421468148522571

Too much microcredit? A survey of the evidence on over-indebtedness (English)

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