Dean Karlan|Martín Valdivia
Teaching Entrepreneurship: Impact of Business Training on Microfinance Clients and Institutions
Abdul Latif Jameel Poverty Action Lab|Group for the Analysis of Development
academic development policy discussions microentrepreneurs focus credit constraints assume subject constraints entrepreneurs manage business optimally yet selfemployed poor rarely formal training business skills growing number microfinance organizations attempting build human capital microentrepreneurs order improve livelihood clients help mission poverty alleviation using randomized control trial measure marginal impact adding business training peruvian group lending program female microentrepreneurs treatment groups received thirty sixtyminute entrepreneurship training sessions normal weekly monthly banking meeting period one two years control groups remained meeting frequency solely making loan savings payments find little evidence changes key outcomes business revenue profits employment nevertheless observed business knowledge improvements increased client retention rates microfinance institution