Alternative Non-Economic Measures of CDFI Lending Impact: An Exploratory Analysis
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CDFI impacts are overwhelmingly viewed through an economic lens. Little consideration is given to other types of metrics. Yet we believe a positive economic impact is a necessary but not sufficient condition to being an effective development institution. We assess the relationship between a CDFI's lending activities and aggregate social capital levels. Social capital – the entrepreneurial networks which occur when small businesses flourish – are a key non-economic outcome of CDIF financing and technical assistance interventions.
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2011 ◽
Vol 2011
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pp. 1-26
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