Suresh de Mel|David McKenzie|Christopher Woodruff
Getting Credit to High Return Microentrepreneurs: The Results of an Information Intervention
smallscale entrepreneurs typically cite access finance important constraint growth recent randomized experiments shown return capital high average microenterprise sri lanka intervention designed improve access credit among highreturn microenterprises without subsidizing interest rates requiring group lending intervention consisted information sessions providing details microfinance loan product offered regional development bank reduction two one number personal guarantors required loans ten percent microenterprises invited information meetings received new loan doubling proportion firms receiving loans period however loans appear going particularly highreturn firms rather firms household assets many firms would like loans constrained inability find personal guarantors bureaucratic procedures results suggest information alone unlikely enough firms point need credit bureaus cover microfinance loans continuing innovation loan products reach urban microenterprise sector