The Impacts of Microfinance: Evidence from Joint-Liability Lending in Mongolia |

Publication information

Region

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Country

Mongolia

Policy Area

Policy

Authors

O Attanasio, B Augsburg, R De Haas, E Fitzsimons, H Harmgart

Year

2015

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Programme details

Programme name

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Start / end date

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Objectives

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Eligibility criteria

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Intervention

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Evaluation details

Outcome variables

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Methodology

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Design

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Evaluation results

Results summary

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Form of exploitation

Child Labour

Affected group

Households

Location

Local

Result on Child labour

There are no clear effects of microcredit on child labour in Mongolia. There is some weak evidence at the 10 percent level that among the low-educated group borrowers, where the main impacts have been concentrated, there is some substitution away from outside labour by children to help out in the newly established female-run enterprises.

Other results

There is no evidence of schooling impacts. For teenagers, the authors find positive impacts on schooling among the higher educated households. General findings of the paper: the positive impact of access to group loans on female entrepreneurship and household food consumption but not on total working hours or income in the household. A simultaneously introduced individual-liability microcredit program delivers no significant poverty impacts. Additional results on informal transfers to families and friends suggest that joint liability may deter borrowers from using loans for noninvestment purposes with stronger impacts as a result. No difference in repayment rates between both types of microcredit is found.

Notes

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