How the poor borrow

This is the third in a series of short articles about the findings of a daily ‘financial diary’ research project. A description of the project can be found on its website.

Details of the poverty levels of our 50 ‘diarists’ can be found in the article on savings listed on the publications page there. In short, they fall into four classes, ranging from extreme poor to near-poor. In this article, we look at the borrowings of our diarists, using daily data for the period from March to October 2016.

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Written by


Stuart Rutherford

Financial Inclusion Expert