Publication Type : Journal Article
Thematic Areas : Amrita Center for Economics and Governance (ACEG)
Publisher : Economic and Political Weekly (ABDC - B Category)
Source : Economic and Political Weekly (ABDC - B Category), Volume 54, Issue 7, p.47-54 (2019)
Url : https://www.epw.in/journal/2019/7/special-articles/over-indebtedness-and-its-drivers-among.html
Campus : Amritapuri
School : Department of Management, School of Business
Center : Amrita Center for Economics & Governance (ACEG)
Department : Department of Management
Year : 2019
Abstract : In microfinance markets worldwide, over-indebtedness among borrowers and households has emerged as an important concern. Over-indebtedness, measured in terms of sacrifices made by households, is high in both rural and urban India. Factors statistically significant in explaining over-indebtedness are the borrower’s age and financial literacy; the household’s entrepreneurial activity, income level, and spatial location; and the proportion of dependent members in a household.
Cite this Research Publication : Sougata Ray, Dr. Sushanta Kumar Mahapatra, and Shyam Nath, “Over-indebtedness and its Drivers among Microfinance Borrowers in India”, Economic and Political Weekly (ABDC - B Category), vol. 54, no. 7, pp. 47-54, 2019.