September 19, 2011

Bank managers give cheaper loans to customers of the same sex

Filed under: General by Branko Collin @ 8:58 am

If you want to save as much as 0.3 percentage points on your interest rates, close a loan with a bank employee of the same sex.

Thorsten Beck, professor at Tilburg University, claims that there is a measurable difference between how loan officers of microcredit lenders treat customers of the same and of the opposite sex. His report Sex and Credit: Is There a Gender Bias in Microfinance (PDF), co-written with Patrick Behr of the Brazilian business school Fundaco Getulio Vargas and Andreas Madestam of the Bocconi University in Milan, focused on lenders in Albania.

The reason they looked at microcredit lenders is because they do not use standard interest rates the way regular banks do.

The chance that opposite sex customers return for a second loan is 11.5 percent smaller, reports.

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May 25, 2010

First Dutch online bicycle manufacturer

Filed under: Bicycles,Dutch first by Orangemaster @ 11:52 am
Pink bike sells sturdy city bikes online that clients can design themselves, like mix and match outfits. (Here, just a picture of a totally unrelated cute, pink bike). The bikes are delivered within one week and are put together at your place, live. Tulpfietsen will also give you a free tune-up after four months.

For every bike sold Tulpfietsen will donate 2 euro to the 1WE Rickshaw Project, which offers rickshaw drivers in Bangladesh the opportunity to buy a fixed-up rickshaw with a microcredit.


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