Authors
Edward N Gamble
Publication date
2018/6/1
Journal
Journal of Business Venturing Insights
Volume
9
Pages
137-144
Publisher
Elsevier
Description
Within the microfinance literature, there is a growing interest in institutional logics. This paper explores ways that microfinance institutions can overcome the logic-tension of offering developmental programs and maintaining financial stability. First, I conduct a randomized control trial in Uganda to examine the financial and non-financial outcomes of loan recipients. Second, I use results from the field experiment, in a resource allocation model, to optimize the goals of a lending institution. I find that wellbeing mentorship, rather than business training, is the best ‘bang for buck’ when considering the interests of both the women entrepreneurs and the microfinance lending institution.
Total citations
2018201920202021202220232024123113