File2-page125 - Burgess & Pande (2003) Credit and...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Burgess & Pande (2003) Credit and Microfinance TABLE: SHARE OF RURAL HOUSEHOLD DEBT HELD BY DIFFERENT CREDITORS (percentage) YEAR INSTITUTIONAL SOURCES NON-INSTITUTIONAL SOURCES OTHERS Banks Cooperatives Relatives and Friends 1951 1.1 4.6 14.4 68.6 9.3 1961 0.3 10.4 5.8 60.9 22.6 1971 2.4 20.1 13.8 36.9 26.8 1981 28.6 28.6 9 16.9 16.9 1991 29 18.6 6.7 15.7 30 Moneylenders Loans from relatives and friends refer to interest-free non-institutional loans. `Others' category includes loans from government, landlords and traders/commissioners. The data source for 1951 is the "All India Rural Credit Survey", and for all subsequent years "All India Debt and Investment Surveys". Development Economics, LSE Summer School 2007 122 ...
View Full Document

This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.

Ask a homework question - tutors are online