Library Publications How the Poor Borrow

How the Poor Borrow

03 Sep 2018 7788
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This is the third in a series of short articles about the findings of a daily ‘financial diary’ research project. A description of the project can be found at its web-site. Details of the poverty levels of our 50 ‘diarists’ can be found in the article on savings listed on the publications page there. In short, they fall into four classes, ranging from extreme poor to near-poor. In this article, we look at the borrowings of our diarists, using daily data for the period from March to October 2016.
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