NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Financing Smallholder Agriculture: An Experiment with Agent-Intermediated Microloans in India

Pushkar Maitra, Sandip Mitra, Dilip Mookherjee, Alberto Motta, Sujata Visaria

NBER Working Paper No. 20709
Issued in November 2014

---- Acknowledgments ----

Funding was provided by the Australian Agency for International Development, the International Growth Centre, United States Agency for International Development and the Hong Kong Research Grants Council. We are grateful to Shree Sanchari for implementing the lending schemes. Clarence Lee, Daijing Lv, Foez Mojumder, Moumita Poddar and Nina Yeung provided exceptional research assistance and Elizabeth Kwok provided excellent administrative support. Boston University Masters students Torry Ah-Tye, Ou Bai, Juan Blanco, Chantel Pfeiffer and Stefan Winata conducted useful analysis and provided insights from a field study of relations between agents and borrowers in the study. We thank Xavier Gine, Albert Park, Russell Toth, Bruce Wydick and a large number of seminar and conference participants for helpful comments on previous and related versions. Internal review board clearance was received from Monash University, Boston University and the Hong Kong University of Science and Technology. The authors are responsible for all errors. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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