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Estimating the Impact on the Lender's Bottom Line and Borrowers' Household Welfare of Expanding the Supply of Consumer Credit to the Working Poor in South Africa

Researchers evaluated how microcredit clients in South Africa responded to changes in loan terms. They found that clients adapted both their demand and compliance based on loan terms, and were particularly sensitive to above-average interest rates.

Providing Entrepreneurship Training and Cash Business Grants to Venezuelan Migrants in Peru

In Peru, researchers are delivering cash grants and business training to Venezuelan migrant entrepreneurs and assessing the impacts on the short- and long-term success of enterprises as well as migrants’ food security, health, and income.