BREAD Working Paper No. 555, July 2018

Borrowing Requirements, Credit Access, and Adverse Selection: Evidence from Kenya William Jack, Michael Kremer, Joost de Laat, Tavneet Suri Abstract Do the stringent formal sector borrowing requirements common in many developing countries restrict credit access, technology adoption, and welfare? When a Kenyan dairy’s savings and credit cooperative randomly offered some farmers the opportunity to replace […]