Microcredit in Developed Countries: the Case of Quebec
| Author: | Mgr. Nicolas Griss-Trempe |
|---|---|
| Year: | 2013 - summer |
| Leaders: | prof. Ing. Karel Janda M.A., Dr., Ph.D. |
| Consultants: | |
| Work type: | Masters MEF |
| Language: | English |
| Pages: | 73 |
| Awards and prizes: | |
| Link: | |
| Abstract: | Microcredit in developed countries behaves in a di erent way than in developing countries. Not only are there bigger obstacles to surpass, like regulation and heavy competition, but also the main driver for microcredit, peer pressure, is almost inexistent. Microcredit institutions turn to a di erent technique to ensure high repayment rates; they follow the loan using training and weekly meetings. However, this procedure has high costs and the institutions must plead for donations from public and private gures. Ensuring these donations come with higher repayment rates. Thus, we will observe which characteristic of a group loan has a positive or negative impact on the repayment rates using data from the Quebec institution of the RQCC. These variables range from gender to training hours and will be regressed using stata. |
