What is the Correlation between Institutions and Access to Credit in Alternative Finance

Bibliographic Data

ID21802148
AuthorsBénédique Paul (0000-0003-0419-2129, Université de Montpellier, corresponding author)
Year2020
Volume45-46
Publication date2020-01-01
Open AccessYes
TypeARTICLE
VenueÉtudes caribéennes (JOURNAL)
Journal identifiersISSN: 1779-0980 • E-ISSN: 1961-859X
PublisherOpenEdition (PUBLISHER)
DOI10.4000/etudescaribeennes.18227
OpenAlexW3080927651
LanguageEN
Citations received3
References cited11

Despite microfinance is spread worldwide as a tool to assist the poor, it fail to create inclusion for the poorest of the poor. In Haiti, community-based microcredit associations have been created locally to help fill this gap. As any financial organization, these Associations de Base de Cotisations et de Prêts (ABCP) designed internal institutions to govern members interactions and access to credit. In this empirical study, we analyze those institutional arrangements and answer the following question (with econometric estimates): What is the correlation between institutions and access to credit in alternative finance represented by the ABCP? Our results show positive and significant correlation between institutions designed in the ABCP and members access to credit. This result is consistent with previous research on links between social, financial and institutional capital, and create avenue for future research on microeconomic aspects of institutions

Access to Finance · Business · Economic growth · Economics · Financial inclusion · Financial services · Financial system · Microfinance · Political science · Positive correlation · Public economics · Social capital · Community Development and Social Impact · FinTech, Crowdfunding, Digital Finance · Microfinance and Financial Inclusion · Finance

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Open DOIOpen Access