Abstract
ABSTRACT This paper investigates the cumulative effect of successive borrowing from Première Agency de Microfinance-Côte d’Ivoire (PAMF-CI) on MSMEs[i] in Côte d’Ivoire. It employs a non-experimental approach to compare established clients with new clients.After controlling for key observable characteristics of these MSMEs, the findings suggest that there are cumulative positive effects associated with longer programme participation, and graduation from first to second and subsequent larger loans is a strong determinant of business performance and business profitability. The results also indicate that men benefit more than women, with gender being the key factor driving the differential impact in this relationship.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
