Assets Matter to Poor People: But What Do We Know about Financing Assets?

2020
Page count
36
pages
Description

An increasing number of poor households are gaining access to financing for physical assets ranging from smartphones to solar panels. However, even as poor people increase their borrowing for these assets, their impact on people’s livelihoods - and how debt affects the benefits of asset ownership - remains poorly understood. CGAP has undertaken a comprehensive review of the available evidence to understand (i) how asset ownership can lead to improvements in well-being for poor households and (ii) whether obtaining an asset through a loan or lease as opposed to a transfer, grant, or outright purchase affects the benefits associated with ownership.

Publisher
The Consultative Group to Assist the Poor (CGAP)
Publish date
Authors
E. Hernandez
M. Mattern
S. K. Kumaraswamy
Language of publication
English
Region/Country
Region
Global
IB topics
BoP as customer
Results Measurement and Impact
Sector
Financial Services