Basher, M. Abul2012-03-302012-03-302010Journal of International Development09541748https://hdl.handle.net/10986/5149This paper investigates whether the income augmenting role of microcredit is attributable only to increased participation of the borrower in economic activities or switch to more productive activities also. The paper provides a framework to analyze this question in absence of any longitudinal data. By using the data from the Grameen Bank of Bangladesh, the paper finds that microcredit enables the borrowers to move progressively into more productive activities as they become experienced.ENBanksOther Depository InstitutionsMicro Finance InstitutionsMortgages G210Economic Development: Financial MarketsSaving and Capital InvestmentCorporate Finance and Governance O160Journal ArticleWorld Bank