Socioeconomic impacts of microcredit: the case of Nossocrédito in Espírito Santo, Brazil

• Autor(a) principal: Caçador, Sávio Bertochi
• Data de Publicação: 2014
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista de Administração Pública
• Texto Completo: https://periodicos.fgv.br/rap/article/view/36706
• topic: microcredit; regional development; Espírito Santo.; microcredito; desarrollo regional; Espírito Santo.; microcrédito; desenvolvimento regional; Espírito Santo.

This paper aims to check the impacts of a state microcredit program — Nossocrédito of Espírito Santo, Brazil — on socioeconomic indicators. In order to do it it is estimated three distinct models to evaluate: i) if Nossocrédito has been directed to the cities of lesser degree of development and/or located inside the state; ii) if the program has contributed to improve the municipal development; iii) if Nossocrédito has contributed to reduce poverty. The estimates were conducted with the Ordinary Least Squares method and uses municipal data from 2006 up to 2010. The main results are: i) Nossocrédito is directed to the municipalities of the countryside, but not for those of lesser degree of development; ii) the program contributes to the improvement of the municipal development indicator used; iii) Nossocrédito does not contribute to poverty reduction.