DOCSLIB.ORG

Broadreach July 2014

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Broadreach July 2014 Broadreach July 2014 Broadwater Sailing Club Affiliated to the RYA A colourful miracle fleet battled for the honours at the South Eastern area championships held at Broadwater in May. 2 A good competitive start by the miracles in a bit more breeze on the Sunday of the open meeting. Editorial Welcome once again to members new and old. As summer sailing is in full swing and holidays are eagerly anticipated, Broadreach brings you loads of reports and pictures from the last 6 months at this lovely club. Articles cover a literally heart-stopping AGM, a shiny new changing room and of course up- dates from the commodore (Stuart), membership secretary (Catherine) and other regulars who help to make the club run smoothly. Updates on HS2, our rollercoaster track and who the regular race winners are as well as our highly active junior sailing, and useful East Anglian and Chiches- ter reviews from our roving clubbers also make up this issue. A major highlight has been the open meetings which started with an excellent 30 boats for the solo open, followed by good fleets in the Miracle and Albacore events. We have reports on all of these meetings. I can proudly announce that Broadwater is also an official testing ground, with the new ICON (pictured on our cover) being trialled here in May. I was lucky enough to have a spin in it and would certainly agree with the Yachts and Yachting review - a simple and enjoyable high performance two-hander. Turning to more formal matters, I’m sure that many who go sailing are possibly trying to escape a regulated (or regimented!) life but sometimes rules are a ne- cessity and so an evening talk on the racing rules held in late April was timely and well attended. Hopefully, this will be a regular slot in our calendar and on the water it should lead to exemplary rule observance and perfect behaviour at marks, rather than a rash of protests! I’ve been reliably informed that the last official protest held at the club was several years ago at an open meeting. It must have been a visitor! Our juniors have been representing the club well - we have reports on both their racing and training exploits as well as an interview with two of them who have been particularly dedicated. For those not so interested in the racing, we have a few lovely photographs of birds (thanks to Federico Nardini) to remind us of the other benefits of sailing on Broadwater. Have a great summer’s sailing. Andrew Cooney (Lark 2086, Huey) Cover photo (by Tom Gruitt) shows the ICON, which had a brief few weeks at Broadwa- ter—seen here being tested by it’s designer3 Mike Lyons (crewed by BSC member, Em- ma Turner). Mike owns Cirrus Raceboats who developed, updated and redrew the lines of the boat for UK sailing basing it on the Australian NS14 class. Commodore’s Gybes Summer has arrived with a range of sail- ing conditions from lashing rain and gales through to the peace and calm of sunny Broadwater doldrums, and of course lots in between. So there really has been something for everyone. I hope that you’re all enjoying the natural beauty of the lake and the fine facilities that the club offers. Stuart French, Commodore It’s probably worth reminding everyone that the club does not look after itself and as I’m sure you know, there are some members who spend a huge amount of time cutting grass, fitting out and painting the changing rooms, or- ganising open and other sailing regattas, running junior sailing, maintaining boats, jetties, clubhouse etc. I extend our heartfelt thanks to you all. The club could not continue without these volunteers. If any of you feel that you could offer to join the committee we currently need a social secretary, publicity of- ficer and vice commodore. So please let me know if you’re able to help out. Kevin Morgan has been running the club website for 6 years and has now moved west so wants to pass on the day to day website management. Thank you Kevin for doing such a great job and for offering to help the volunteers who have kindly agreed to take this on. Another key issue is the access road which has deteriorated to a terrible state. The landlord’s agent has inspected the road and agreed that something has to be done. By the time this goes to press, I believe that the work should be well underway or completed. HS2 (the high speed rail link passing near Broadwater) has received parlia- mentary approval and, barring a political U turn, is likely to happen. I’m pleased to say that there do not appear to be any plans to move us from the lake and although we have no written confirmation yet, we have had a verbal reassurance that access will be maintained throughout its construction. That only leaves me to wish that you all an enjoyable summer’s sailing. 4 Stuart Membership News It has been a busy start to our sailing year, with the club welcoming lots of new members. Tom Hall & Niamh Moloney and family Julia & Simon Gomersall and family Richard & Many Barnes and family Jim Bewsher & Liz Bestic Steve & Louisa Rowlands and family James Moncrieff & Pippa Crowther Tony Fraser & Jean Potter and family John Beaney Ivan Thorley & Caroline Bowman Catherine Hunter, Membership Secretary We hope that you all have a great sailing season this year. We were sad to hear that Tony Beasley had passed away. He and Eve lived on a beautiful Dutch barge on the canal, just up from Black Jacks Mill. Berth cutting It will not have escaped your notice, if you have a lawn of your own, that it is the grass cutting season. Members are allocated berth and road trailer berths on the express understanding that it is the member’s responsibility to keep them neatly maintained and to assist the club does provide two lawnmowers and some hand tools in the first large container. Members sometimes find the mowers are broken. A recent email from a member hits the problem on the head. “I think the issue with lawnmowers is down to basic misuse. If you walked into your garden after a period of absence and saw your grass over a foot high, I am sure you would not nip to your own shed and get the lawnmower out as your first choice! People seem to do just this at the club, without getting the worst down with the strimmer first. You would not risk wrecking your own tools but for some reason because they are "someone else's problem" people take a different view.” Broadwater SC buys 2 new mowers each year, and keeping them in working condition is a weekly task, all carried out voluntarily by a couple of members. If berths are cut every couple of weeks this would not be such a problem. 5 CHANGE OF DATE. MENs "Sail & Ale" is now on 27th September 2-4pm. Contact Catherine Turner for details. An appeal to members …..! Road Trailer Berths A limited number of road trailer berths are available, free, at the discretion of the club, on the express un- derstanding that the trailer is clearly named and the berth neatly maintained. During the last February Work Party, the road trailer area was completely cleared. Unfortunately, the undergrowth has returned and is once again virtually at head height. With the exception of Tony Hall and Dave Leonard, if you have a road trailer berth, please cut it as a matter of URGENCY and leave the trailer, clearly labelled Andy Chaplin, Race with your name and the hitch facing towards the path- Committee Secretary way, on an individual berth. Please bring your own strimmer or shears, as the club lawn mowers are not suitable to use on vegetation this high. At the end of August, any road trailers that remain overgrown and unnamed will be removed from the boat park and left in the overflow car park area. Fast Safety Boat (FSB) and Race Officer (RO) duties In order to run safe and successful Racing at Broadwater SC throughout the year, additional volunteers are required for the Fast Safety Boat Rota and Race Officer and Assistant Race Officer Duties. Currently, more volunteers are required for the FSB rota as the current team are having to carry out 3 or 4 duties per year. If you aren’t currently on a rota and would like to volunteer, please contact Greg Hart or Andy Chaplin for further info. RO and ARO train- ing/refresher courses are arranged during the year and FSB training/ assessment can also be arranged. Remember RO, ARO and FSB duties for helms who normally race have average points gained in the series awarded, excluding DNC, for the duties carried out. Club boats The club continue to make boats available for members to use. The latest addition is a new laser. Please look after them all and allow the club to monitor usage by informing the race committee secretary, by email, that you’ve used it. 6 The 42nd Broadwater Sailing Club AGM 40 club members attended the 42nd AGM on March 9th. In his first Commodore’s report Stewart French had a long list of members to thank who had been especially helpful during the past year and he also reviewed the activities in the last twelve months and outlined the plans for the coming year. Stewart noted that there were particular concerns over HS2 and the access road.
Load more

Recommended publications
  • Dinghy Racing Claremont Series 2019
    HOWTH YACHT CLUB DINGHY RACING CLAREMONT SERIES 2019 SAILING INSTRUCTIONS 1. Rules 1.1 Racing will be governed by the Racing Rules of Sailing, the prescriptions of the Irish Sailing Association, the Sailing Instructions (SI) and any amendments thereto. 1.2 Competitors are reminded of Fundamental Rule 2, Fair Sailing. Fair Play and Sportsmanship are important parts of our sport. 2. Notices Notices will be posted on the Notice Board. The Notice Board is beside the pedestrian gate at the Marina Office. 3. Changes to Sailing Instructions Any change to the Sailing Instructions will be posted on the Notice Board not less than 2 hours before the first race it will affect. 4. Signals 4.1 Signals made ashore will be displayed on the flag pole at the top of the marina bridge. 4.2 When flag “AP” is displayed ashore “1 minute” is replaced with “Not less than 30 minutes” in the race signalled AP. 5. Schedule of Races 5.1 Dates and times of racing: Where possible, it is proposed to sail two races per day Dates Warning Signal Sunday 15 September 2019 10.25 Sunday 22 September 2019 10.25 Sunday 29 September 2019 10.25 Sunday 06 October 2019 10.25 Page | 1 HOWTH YACHT CLUB DINGHY RACING CLAREMONT SERIES 2019 SAILING INSTRUCTIONS 6. Class Flags Laser class Flag Sundry Flag F Optimist Flag O 7. Racing Area The race area will be North West of Howth Harbour 8. Courses 8.1 Course type to be indicated with Flag – T for Triangle and W for Windward-Leeward.
    [Show full text]
  • The Racing Rules of Sailing $2
    THE RACING RULES OF SAILING 2013 – 2016 with Jan. 2013 changes: many. * for bulk changes, Underline for small additions and strike through for small omissions. including Sailing Instructions for Sunday Dinghy Races Note: This is an abridged version of the RRS Cal Sailing Club 124 University Ave. Berkeley, CA 94710 International Sailing Federation 2013 Edition http://www.sailing.org/rrs CONTENTS SPORTSMANSHIP AND THE RULES________________________4 ENVIRONMENTAL RESPONSIBILITY_______________________4 PART 1 – FUNDAMENTAL RULES_________________________5 PART 2 – WHEN BOATS MEET___________________________5 PART 3 – CONDUCT OF A RACE__________________________8 PART 4 – OTHER REQUIREMENTS WHEN RACING__________10 PART 5 – PROTESTS, REDRESS, HEARINGS, MISCONDUCT AND APPEALS___________________12 APPENDIX S SOUND-SIGNAL STARTING SYSTEM___________16 DEFINITIONS________________________________________17 SAILING INSTRUCTIONS_______________________________19 Note: The following sections are not included in this booklet, as they are rarely or never applicable to CSC Sunday dinghy racing, and/or supplanted by Sailing Instructions guidance: 26 Starting Races 30 Starting Penalties 33 Changing the Next Leg of a Course 43 Competitor Clothing & Equipment 45 Hauling Out; Making Fast; Anchoring 48 Fog Signals and Lights 49.2 (lifelines) 50 Setting and Sheeting Sails 51 Movable Ballast 52 Manual Power 53 Skin Friction 54 Forestays and Headsail Tacks 61.3 and 62.2 Protest time limits (superseded by Sailing Instructions) 64.3 Decisions on Measurement Protests 65.3 Protests pertaining to measurement rule. 69 Allegations of Gross Misconduct (superseded by CSC rules) 70 Appeals to national authority, and 71 National authority decisions 75 – 91 All sections superseded by Sailing Instructions or CSC rules All appendices are omitted except for certain portions of S (see Contents, above). Basic Principles SPORTSMANSHIP AND THE RULES Competitors in the sport of sailing are governed by a body of rules that they are expected to follow and enforce.
    [Show full text]
  • IT's a WINNER! Refl Ecting All That's Great About British Dinghy Sailing
    ALeXAnDRA PALACe, LOnDOn 3-4 March 2012 IT'S A WINNER! Refl ecting all that's great about British dinghy sailing 1647 DS Guide (52).indd 1 24/01/2012 11:45 Y&Y AD_20_01-12_PDF.pdf 23/1/12 10:50:21 C M Y CM MY CY CMY K The latest evolution in Sailing Hikepant Technology. Silicon Liquid Seam: strongest, lightest & most flexible seams. D3O Technology: highest performance shock absorption, impact protection solutions. Untitled-12 1 23/01/2012 11:28 CONTENTS SHOW ATTRACTIONS 04 Talks, seminars, plus how to get to the show and where to eat – all you need to make the most out of your visit AN OLYMPICS AT HOME 10 Andy Rice speaks to Stephen ‘Sparky’ Parks about the plus and minus points for Britain's sailing team as they prepare for an Olympic Games on home waters SAIL FOR GOLD 17 How your club can get involved in celebrating the 2012 Olympics SHOW SHOPPING 19 A range of the kit and equipment on display photo: rya* photo: CLubS 23 Whether you are looking for your first club, are moving to another part of the country, or looking for a championship venue, there are plenty to choose WELCOME SHOW MAP enjoy what’s great about British dinghy sailing 26 Floor plans plus an A-Z of exhibitors at the 2012 RYA Volvo Dinghy Show SCHOOLS he RYA Volvo Dinghy Show The show features a host of exhibitors from 29 Places to learn, or improve returns for another year to the the latest hi-tech dinghies for the fast and your skills historical Alexandra Palace furious to the more traditional (and stable!) in London.
    [Show full text]
  • Cadet Dinghy
    Cadet Dinghy “Viking” Appendix 2 THE CADET SQUADRON In the early 1930's, Cadet Members of the R.G.Y.C. competed in a conglomeration of small craft. Ern Armstrong recalls that when he joined the club in 1933, the cadet section was comprised of the 12 foot cadets, "Firey Cross", owned and sailed by John Boocock, on which Ern sailed for the last three races of the season and "Viking", owned by Tal and Jim Searle, "Tasma", a flat-bottomed ,low wooded hull approximately 14feet long, owned by the Club, "Teddy bear", a half-decked rather heavy boat owned by Geoff Wood, and "Westra", a semi-decked 12 foot cadet, owned by the McAllisters. At that time the boat storage shed was approximately 40 feet by 30 feet fronting the roadway outside the club opposite Transvaal Square, about in line with the eastern end of the present Junior Squadron clubhouse. In about 1935, two 14 foot boats were added to the fleet. These were "Mulluka", owned by Chick Fleet Snr., and sailed by Jim Ritchie and "NV", a 14footer with narrow beam and a high aspect mainsail built and skippered by Norm Wray. And two more 12 foot cadet dinghies were also added to the fleet, "Caress", built and skippered by Bob Curnow and "Dolphin ", owned and skippered by Wally Wiggs. About this time the Cadet section acquired half of the Sea Scout's shed owned by Mr. Ev Hurst, now the tender dinghy storage shed. This move avoided the long lift from the original shed on the roadway.
    [Show full text]
  • November 2001 Luffwire
    Luff Wire Columbia Basin Sailing Club Tri-Cities, Washington “All the News That Fits” November 2001 Member US Sailing Association CBSC on the Web http://www.concentric.net/~greblach/cbsc.htm Commodore Roger McVicker 375-0438 Past Commodore Richard Quigley 783-8348 Vice Commodore Dave Gilles 943-1769 Race Chairman Ken Nelson 783-1581 Treasurer Allan Brothers 545-4589 Desert Regatta Ken Nelson 783-1581 Secretary Scott Petersen 627-6694 Rescue Boat Dennis Trimble 783-6435 Editor Wanda Haddon 783-1581 Librarian Terry Filson 946-3301 From The Commodore At November's meeting we continued the nomination process for the officers for the Year 2002 and the nominees are: Commodore, Dave Gilles; Vice Commodore, Scott Peterson; Secretary, Terry Filson; and Treasurer, Allan Brothers. There will be opportunity to nominate from the floor prior to the election at the next meeting on December 12th at the club 7:30 pm. I hope for a good turn out at this meeting. In January our meeting will be the Van Ramsdell, Max Mehren, and Al Hopp blast to weather at Inverness in August giving the newest Flying Scot in our fleet (FS 5407) a grand break in while awards banquet and the covering the Inverness Yacht Club's newest Flying Scot (FS 5304). installation of the new officers. This will be held at the Pasco Airport at Florentyna’s Restaurant from 6:30 to 9:30 on January 19th. As you will recall, this was a great location and the food was terrific last year and they promise to duplicate it this year.
    [Show full text]
  • Up River Yacht Club Dinghy Duties and Sailing
    UP RIVER YACHT CLUB DINGHY DUTIES AND SAILING INSTRUCTIONS January 2017 1 FLAG OFFICERS See handbook SAILING COMMITTEE See handbook 2 DINGHY RACE EQUIPEMENT All Equipment for race duties is stored in the Race Box. RACE BOX KEY A key to the Race Box is kept in the wall box outside the Female Changing Room and a spare key is kept on the Key Board in the Office. SAFETY BOAT KEYS Engine security chain keys are kept in the wall box outside the Female Changing Room. Ignition Keys for Safety Boats are to be left in the Safety boats. Both Key Box and Boat shed are now combination entry. See a member of the committee for the number. See Appendix 1 for description of Race Officer and safety Boat Duties. DINGHY PARK Please note: It is incumbent upon each member to keep the area of the dinghy park under and around their boat(s) tidy and grass trimmed. Members must also tie down their dinghies in at least two, preferably three, fixing points in the ground (i.e. stakes). This is a minimum requirement of most insurance companies. It is compulsory for every Dinghy owner to attend the Dinghy Park Work Party. This will be in addition to the attendance of at least one House Work Party. 3 RACE DUTIES To enable both Slow Handicap Course and Course races to be held with adequate safety boat cover, five Club Members are required for duty for every Club race day described as Winter or Warm up Series as two safety boats are required.
    [Show full text]
  • Introduction to the Championship
    Introduction to the Championship Optimist Fleet at CGSC The Optimist is the world’s most popular youth sailing trainer in existence with over 150,000 vessels registered with the class association. The Optimist is sailed in over 120 countries and it is one of only two dinghies approved by World Sailing exclusively for sailors under 16 years of age. At the London Olympics in 2012, 80% of all boat skippers were former Optimist sailors, most of them having reached international level in the Class. So congratulations! You are part of a rich and great international tradition here at CGSC, and you have a lot to look forward to stepping into the competitive world of Optimist Racing. But first, what is the Championship Fleet at CGSC? Red, White, and Blue Explained Within the Optimist Circuit, the competitors are divided in Fleet Racing (more on that later) by age into three divisions. Sailors fall into the different fleets based on age, not skill level White 10 years old or under Blue 11 to 12 years old Red 13 to 15 years old In the United States the Optimist Class is overseen by the USODA (United States Optimist Dinghy Association) and they host sanctioned regattas all over the United States (USODA Qualifiers). Our ​ ​ ultimate goal in the CGSC Championship Optimist Fleet is to qualify for the World Championship one day. It is the highest honor an Optimist sailor can receive, and only 5 sailors are allowed into the Worlds per country. CGSC has the distinction of being the only club to send almost all the sailors representing the US two years in a row! (1984 and 1985 optimist worlds) so the potential for success in Optimist Racing is there.
    [Show full text]
  • FEATURED: MULTIHULL FLEET Summer Is Behind Us for the Year As We Approach Fall
    AUSTIN YACHT CLUB TELLTALE September 2020 Sailing during Covid-19 Sail safe, stay healthy! Message from the Commodore Hopefully the heat of the FEATURED: MULTIHULL FLEET summer is behind us for the year as we approach fall. The City and County have recently moved from Covid Stage 4 Restrictions to Stage 3, and hopefully to Stage 2 soon. Unfortunately, given the orders from the City and County that limit gatherings, we have had to cancel the Annual Banquet for this year. Given the lack of sailing and other activity this year, we have also decided not to present most of the Annual Awards. In place of the Sailing Awards, we are asking for nominations for Special Service to the Club Awards for those who have gone above and beyond during this crazy year. Nominations can be submitted via the website. More details in this issue. The Board will review the nominations and make selections. However, take heart, the Blue Duck Award will be presented at the Annual Membership Meeting along with the Special Service Awards. The Blue Duck nomination form is also on the website. The Board is planning a couple of Covid-compliant regattas for the weekends of October 10th and 17th. See Vice Commodore Diane Covert’s column for more details. As of now, the Skippers meetings will be via Zoom before the regatta, and trophies acknowledged by Zoom afterwards. More details online and in this issue of the Telltale. Although we have had some much needed rain, not much of it has ended up in the lake, so look for dock moves starting very soon.
    [Show full text]
  • Blast Reaching at the NSW States Photos Neil Waterman ©
    Blast Reaching at the NSW States Photos Neil Waterman © Volume 153 June 2006 NS14 Bulletin President’s Message First of all I would like to introduce myself to those who don’t know me as by virtue of being elected NSW President I am also the National President under the current constitution. This will change under the proposed revisions to the constitution whereby the President will be elected. I have been in NSs for 20 years mainly based at Northbridge although I have moved in and out of the Association as Hugh and Penny’s boat interests have changed (eg FAs, Lasers, MGs, 29ers, 16’ skiffs, and yachts). This has allowed me to have some exposure as to how other classes are run. For the last couple of seasons we have had three NSs in the family and I am keen to see the class get back to the strength it had a number of years ago. In this context I would like to outline a number of actions I think we need to take to help rejuvenate the class and bring the numbers participating at a class level back to where we used to be. There is no doubt there is a lot more competition for people’s time nowadays, but I feel that we have an opportunity to position this class as a great way for people to use the time they have. The key challenges are to get people sailing in regattas and to get people building new boats again. First, I think we need to market the NS14 using the strengths of the class to demonstrate that this class will suit a broad spectrum of sailors.
    [Show full text]
  • April/May, 2020
    APRIL/MAY, 2020 The cover photo is inspired from Dawn—Michelle Oliver’s book review in the March Issue of this Newsletter. Obviously this is not Lake Townsend. Considering the lack of racing photographs from our own club,’s abbreviated racing schedule, the photo below is from a past Veendee Globe race which happens every four years . It is actually scheduled to begin again this year, on Sunday, November 8. Considering there is already social distancing in this race, it will probably happen on Schedule. See page 6 for more information. PAGE 2 TELL TALES A Note From the Commodore Ahoy Sailors! I am sure that all are keeping safe by observing distancing, droplet protection, hand washing and isolation recommendations. How- ever, these recommendations made it a real challenge and stressor to not physically connect with our family, friends, and neighbors during the Easter and Passover holiday times. I am very grateful to be living in a time when technology can mitigate some of the isola- tion I feel. Last night, I experienced a 10 location Zoom group din- ner event that that helped me feel connected to my family in this difficult situation. People in large cities are breathing clean air and seeing mountain views that have not been seen for years. That is a good sign show- ing how quickly the earth recovers when less pollution is created. Let’s look for whatever good we can find in this crisis and help make society better for it. We will move past this pandemic and return to sailing! AnnMarie Commodore LTYC PAGE 3 TELL TALES Editor’s note: Our club is full of members with vast knowledge and in this monthly article, Eric & Joleen will share theirs.
    [Show full text]
  • The Dart "All the News That Is Fitting and to the Point."
    The Dart "All the news that is fitting and to the point." Volume 9, Issue 3 Spring 2010 Student Council Elections Mr. Rossini were able to get us through this by Jay Daukas season by helping us bear down and just fight The ninth grade class president spot had through every inning. They taught us to try to several bidders. One of them, Christian Kelly, a win every inning on offense and defense. We had veteran of the student council, ran again for a some good pitchers, but at times our fielding second term, but Charlie Canty came out on top didn’t help them out. Mr. Doherty was also good in the voting. The vice-presidential election was with the fact that he was able to keep our not as hard to win. Running unopposed, Jay pitchers calm, helping us get through the inning Daukas was elected. The new ninth grade class without allowing many runs in. The season representatives have promised some of the same started out against Belmont Hill, but after the things. Both aspire to bringing more activities for first inning they were already up 2-0. We ended the ninth grade, such as a trip to Six Flags. up losing 10-1, but then again it was only our Though the class representatives are new, they first game. In our game against Thayer, we were could do great things. down 7-2 going into the fifth inning when Justin Nicklas started off the inning with a single. The next batter, Aturo Adkins, followed up with a bomb to right field that should have been a homerun, but the umpire missed where the ball landed, and Aturo ended up on third base.
    [Show full text]
  • The Miracle of Microfinance Revisited: Evidence from Propensity Score Matching
    The Miracle of Microfinance Revisited: Evidence from Propensity Score Matching by Inna Cintina Inessa Love Working Paper No. 2014-14 March 2014 UNIVERSITY OF HAWAI‘I AT MANOA 2424 MAILE WAY, ROOM 540 • HONOLULU, HAWAI‘I 96822 WWW.UHERO.HAWAII.EDU WORKING PAPERS ARE PRELIMINARY MATERIALS CIRCULATED TO STIMULATE DISCUSSION AND CRITICAL COMMENT. THE VIEWS EXPRESSED ARE THOSE OF THE INDIVIDUAL AUTHORS. The Miracle of Microfinance Revisited: Evidence from Propensity Score Matching Inna Cintina and Inessa Love* Abstract We provide new evidence on the effectiveness of microfinance intervention for poverty alleviation. We apply the Propensity Score Matching (PSM) method to data collected in a recent randomized control trial (RCT) in India by Banerjee et al. (2014). The PSM method allows us to answer an additional set of questions not answered by the original study. First, we explore the characteristics of MFI borrowers relative to two comparison groups: those without any loans and those with other types of loans, predominantly from family and friends and money lenders. Second, we compare the impact on expenditures of MFI borrowers relative to these two comparison groups. We find that microfinance borrowers have higher expenditures in a number of categories, notably durables, house repairs, health, festivals and temptation goods. The differences are stronger relative to those without any loans. Our results suggest that microfinance can make a larger difference for households previously excluded from other credit sources. However, some of the increased expenditures are unlikely to lead to long-term benefits and there is no significant difference in total expenditures. We also present suggestive evidence of negative spillovers, i.e.
    [Show full text]