BREAD Working Paper No. 605, February 2022

Is Digital Credit Filling a Hole or Digging a Hole? Evidence from Malawi   Valentina Brailovskaya, Pascaline Dupas and Jonathan Robinson   Abstract Digital credit has expanded rapidly in Africa, mostly in the form of short-term, high-interest loans offered via mobile money. Loan terms are often opaque and consumer financial literacy is low, providing opportunities […]

BREAD Working Paper No. 552, April 2020

Saving for Multiple Financial Needs: Evidence from Lockboxes and Mobile Money in Malawi Shilpa Aggarwal, Valentina Brailovskaya, Jonathan Robinson Abstract We test whether the provision of multiple labeled savings accounts affects savings and downstream outcomes in an experiment with 761 microentrepreneurs in urban Malawi. Treatment respondents received one or multiple savings accounts, in the form […]