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Economics

Land Titling Programs and Access to Agricultural Credit

Quick fact

In Peru, the famous land titling reform (2000s) increased the share of households with credit and reduced loan interest rates, as documented by economist Erica Field.

Why this is interesting

A farmer owns land but cannot get a loan to buy seeds. Why? Because without formal title, that land is not considered valid collateral—and lenders won't accept it. So, can a piece of paper unlock credit?