Document Type

Article

Publication Date

2002

Abstract

Microfinance has become an increasingly widespread tool for fostering economic growth among the poor in developing countries. This study tracks the progress of 239 borrowers in a Guatemalan microfinance institution from 1994 to 1999. Results from the study show that rapid gains in employment within the sample enterprises after initial credit access were followed by a protracted period of stagnation in employment growth. Other results highlight gender differences in response to credit access, showing — surprisingly — that the long–run growth in hired labour for female entrepreneurs was slightly greater than that for male entrepreneurs.

Comments

This is the pre-peer reviewed version [under the title: Tracking the Progress of 239 Microcredit Program Participants in Guatemala: 1994-1999] of the following article: Bruce Wydick. Microfinance among the Maya: Tracking the Progress of Borrowers. Development and Change. Volume 33, Issue 3, pages 489–509, June 2002. DOI: 10.1111/1467-7660.00264, which has been published in final form at http://dx.doi.org/10.1111/1467-7660.00264

DOI

10.1111/1467-7660.00264

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