Microfinance contracts typically require a fixed repayment schedule that, while ensuring
repayment discipline, may inhibit entrepreneurship and business growth. In this article, I …

This paper summarizes recent research in performance-based microfinance, and outlines
future directions for research. We use the term 'microequity'to refer to any small-enterprise …

This paper presents a summary of this issue of the Oxford Review of Economic Policy, on
microfinance. The paper explores the evolving landscape of microfinance, with particular …

We conduct the first field experiment of a performance-contingent microfinance contract. A
large food multinational wishes to help micro-distributors in its supply chain with the …

The pervasive adoption of digital payment systems globally is a crucial development,
shaping the financial landscapes of diverse nations. However, this surge in adoption has …

Private enterprise development in low-income countries remains elusive, and the failure of
microcredit to stimulate small firm growth poses a puzzle to the finance and development …

This study investigates the impact of digital payment innovation and point-of-sale marketing
strategies on consumers' shopping experiences in the Yotta culinary industry. As companies …

The pervasive adoption of digital payment systems globally is a crucial development,
shaping the financial landscapes of diverse nations. However, this surge in adoption has …