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Microcredit repayment in a European context: evidence from Portugal

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Detalhes bibliográficos
Resumo:The existing empirical literature on microcredit repayment focuses primarily on explaining its deter-minants for developing countries. Using a binary logistic regression model, we examine microcreditrepayment in Portugal, one of the EU countries hardest hit by the economic recession caused by the 2008financial crisis. This article widens the focus by examining the determinants of microcredit repaymentin a previously unstudied context, examining potential differences between expansion and recessionsub-periods and incorporating into the model previously unstudied variables. This study also revealsclear differences between profiles of microcredit borrowers from developing countries and those from aEuropean context.
Autores principais:StPierre, Josée
Outros Autores:Bilau, José
Assunto:Microcredit Micro-enterprise Microcredit repayment Developed countries Portugal Indexação Scopus Indexação Web of Science
Ano:2018
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso embargado
Instituição associada:Instituto Politécnico de Beja
Idioma:inglês
Origem:Repositório Institucional do IPBeja
Descrição
Resumo:The existing empirical literature on microcredit repayment focuses primarily on explaining its deter-minants for developing countries. Using a binary logistic regression model, we examine microcreditrepayment in Portugal, one of the EU countries hardest hit by the economic recession caused by the 2008financial crisis. This article widens the focus by examining the determinants of microcredit repaymentin a previously unstudied context, examining potential differences between expansion and recessionsub-periods and incorporating into the model previously unstudied variables. This study also revealsclear differences between profiles of microcredit borrowers from developing countries and those from aEuropean context.