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Microfinance Repayment Schedules in West Bengal, India

John Papp
Jeannie Park
Researchers tested two features of these contracts, repayment frequency and the time of the first repayment, to determine if characteristics of the loan contract affect borrowers’ repayment behavior and the types of investments they make. They found that less frequent repayments did not increase...

Examining the Effect of Information About Financial Aid for Higher Education on Schooling Outcomes in Chile

Claudia Martinez
Researchers tested the effects of providing low-income students in urban Chile with information about financial aid for higher education on their educational attainment and their likelihood of progressing to higher education. A video informing students about financing higher education increased...