Why Do Poor People Co-Hold Debt and Liquid Savings?
I examine the use of flexible savings-and-loan accounts offered by SafeSave, a microfinance institution serving poor slum dwellers in Dhaka, Bangladesh. I find that 59 per cent of the clients co-hold, meaning that they borrow at high interest rates and simultaneously hold low-yield liquid savings. C...
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Veröffentlicht in: | The Journal of development studies 2018-02, Vol.54 (2), p.213-234 |
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Format: | Artikel |
Sprache: | eng |
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