Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
P. 1
MicroFinance and Women

MicroFinance and Women

Ratings:

5.0

(1)
|Views: 183|Likes:
Published by GOPI SELVARAJ
This document describes about the link between Micro finance and Women from Srilanka.
This document describes about the link between Micro finance and Women from Srilanka.

More info:

Published by: GOPI SELVARAJ on Apr 20, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

05/11/2014

pdf

text

original

 
P
olicy 
eseaRch
oRking
P
 aPeR 
4746
 Are Women More Credit Constrained?
Experimental Evidence on Genderand Microenterprise Returns
Suresh de Mel David McKenzie Christopher Woodru  
The World Bank Development Research GroupFinance and Private Sector TeamOctober 2008
WPS4746
   P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d   P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d   P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d   P  u   b   l   i  c   D   i  s  c   l  o  s  u  r  e   A  u   t   h  o  r   i  z  e   d
 
Produced by the Research Support Team
 Abstract 
The Policy Research Working Paper Series disseminates the fndings o work in progress to encourage the exchange o ideas about development issues. An objective o the series is to get the fndings out quickly, even i the presentations are less than ully polished. The papers carry the names o the authors and should be cited accordingly. The fndings, interpretations, and conclusions expressed in this paper are entirely those o the authors. They do not necessarily represent the views o the International Bank or Reconstruction and Development/World Bank and its afliated organizations, or those o the Executive Directors o the World Bank or the governments they represent.
P
olicy 
eseaRch
oRking
P
 aPeR 
4746
This paper analyzes data rom a randomized experimenton mean returns to capital in Sri Lankan micro-enterprises. The fndings show greater returns amongmen than among women; indeed, returns were notdierent rom zero or women. The authors exploredierent explanations or the lower returns amongemale owners, and fnd no evidence that the gendergap is explained by dierences in ability, risk aversion,or entrepreneurial attitudes. Dierential access tounpaid amily labor and social constraints limitingsales to local areas are not important. However, there isevidence that women invested grants dierently rommen. A smaller share o the smaller grants remainedThis paper—a product o the Finance and Private Sector Team, Development Research Group—is part o a larger eort inthe department to study microenterprise dynamics. Policy Research Working Papers are also posted on the Web at http://econ.worldbank.org. The author may be contacted at dmckenzie@worldbank.org.in the emale-owned enterprises, and men were morelikely to spend the grant on working capital and womenon equipment. The gender gap is largest when male-dominated sectors are compared with emale-dominatedsectors, although emale returns are lower than malereturns even or emales working in the same industriesas men. The authors examine the heterogeneity o returnsto determine whether any group o businesses ownedby women beneft rom easing capital constraints. Theresults suggest there is a large group o high-return maleowners and a smaller group o poor, high-ability, emaleowners who might beneft rom more access to capital.
 
 Are Women More Credit Constrained?Experimental Evidence on Gender and Microenterprise Returns
#
 
Suresh de Mel, University of PeradeniyaDavid McKenzie, World BankChristopher Woodruff, UCSD
 JEL codes:
O12, O16, C93.
Keywords:
Microenterprises; Gender; Microfinance; Randomized Experiment.
 
#
We thank Alejandrina Salcedo-Cisneros, Michael Callen, Susantha Kumara, and Jayantha Wickramasirifor excellent research assistance, and participants at several seminars for helpful comments. AC NielsenLanka administered the surveys on which the data are based. Financial support from NSF grants numbersSES-0523167 and SES-0617424 is gratefully acknowledged, along with additional support from the WorldBank’s Gender Action Plan.

Activity (18)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads
Kumar Mayank liked this
Kumar Mayank liked this
mahmood_q8629 liked this
Binay Kharel liked this
smrutimallick liked this
bineet1311 liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->