13 Evidence from a Randomized Microcredit Program Placement Experiment

The results of a randomized impact study done in Nogales, Agua Prieta and Caborca are in and they can help us determine how to best serve our clients.

Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco
Manuela Angelucci, University of Michigan
Dean Karlan, Yale University, Innovations for Poverty Action, and M.I.T. J-PAL
Jonathan Zinman, Dartmouth College, Innovations for Poverty Action, and M.I.T. J-PAL For release: May 14th, 2013

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10 Client Profile – Jesus Brigido

Jesus Brigido has a bakery in Nogales, Mexico.  He is originally from Puebla but has lived in Nogales for 27 years.  He has been with ProMex Group microfinance project since 2010.  His current loan is for US$1,000.

He has two employees at his bakery and produces about 6,000 pieces of bread each week.  His bakery is part of his home.  He used his loan to buy equipment and expand his business.  He has three kids and their lives have improved greatly because of the success of his business and ProMex Group.

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9 Economic Development in Mexico to Address Illegal Immigration

Summary
The United States (US) spends billions of dollars each year to keep Mexicans and Central Americans out of our country with mixed results and this strategy only addresses a symptom of the problem.  The root of the problem is that there is a huge income and wealth disparity between neighboring countries that is not being addressed.

ProMex Group is a model of another approach to address illegal immigration.  It is a charitable 501(c)(3) non-profit microfinance organization working in the northern border cities of Mexico.  It strives to alleviate poverty and economically forced migration by providing disadvantaged Mexicans with access to capital and education to start and grow small businesses.

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