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Increasing Access to Microcredit to Encourage Business Start-up and Participant Welfare in Bosnia and Herzegovina

Britta Augsburg
Ralph De Haas
Heike Harmgart
Researchers expanded microcredit offerings in Bosnia and Herzegovina to evaluate the effect of improved credit access on economic and social outcomes. They found that providing loans to slightly under-qualified microcredit applicants increased small business ownership, but not income, and decreased...