Unruly entrepreneurs – investigating value creation by microfinance clients in rural Burundi

Katarzyna Cieslik, Marek Hudon, Philip Verwimp · 2019 · Oxford Development Studies

Summary. Poor entrepreneurs in rural Burundi break microfinance program rules in ways that actually create value for their households and communities. The study identifies four rule-breaking practices—consumption spending, illegitimate investment, loan juggling, and loan arrogation—and shows how they strengthen social ties and help families manage financial shocks. The researchers argue that microfinance institutions themselves drive these practices and should offer more flexible products.

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@article{cieslik-2019-unruly-entrepreneurs-investigating-value-creation,
  title   = {Unruly entrepreneurs – investigating value creation by microfinance clients in rural Burundi},
  author  = {Katarzyna Cieslik and Marek Hudon and Philip Verwimp},
  journal = {Oxford Development Studies},
  year    = {2019},
  doi     = {10.1080/13600818.2019.1597034},
  url     = {https://doi.org/10.1080/13600818.2019.1597034}
}

TY  - JOUR
TI  - Unruly entrepreneurs – investigating value creation by microfinance clients in rural Burundi
AU  - Katarzyna Cieslik
AU  - Marek Hudon
AU  - Philip Verwimp
JO  - Oxford Development Studies
PY  - 2019
DO  - 10.1080/13600818.2019.1597034
UR  - https://doi.org/10.1080/13600818.2019.1597034
ER  - 

Details

DOI

10.1080/13600818.2019.1597034

Countries

Burundi

Categories

entrepreneurship, funding

Added

2026-04-28