Is Digital Credit Filling a Hole or Digging a Hole? Evidence from Malawi Valentina Brailovskaya, Pascaline Dupas and Jonathan Robinson Abstract Digital credit has expanded rapidly in Africa, mostly in the form of short-term, high-interest loans offered via mobile money. Loan terms are often opaque and consumer financial literacy is low, providing opportunities […]
BREAD Working Paper No. 552, April 2020
Saving for Multiple Financial Needs: Evidence from Lockboxes and Mobile Money in Malawi Shilpa Aggarwal, Valentina Brailovskaya, Jonathan Robinson Abstract We test whether the provision of multiple labeled savings accounts affects savings and downstream outcomes in an experiment with 761 microentrepreneurs in urban Malawi. Treatment respondents received one or multiple savings accounts, in the form […]
BREAD Working Paper No. 559, 2019
Cashing In (and Out): Experimental Evidence on the Effects of Mobile Money in Malawi Shilpa Aggarwal, Valentina Brailovskaya, Jonathan Robinson Download paper in PDF format