We use a survey of small rural enterprises from Tanzania to demonstrate quantitatively the economic importance of this sector and to identify participants' characteristics and obstacles to the sector's expansion and productivity. In stark contrast to most of the findings for the formal sector...

Building on central place theory, we offer a series of simple location models for US credit unions. Credit unions are historically viewed as a community-based strategy designed to fill voids in spatial financial markets. Unlike banks and more traditional retail financial institutions, our...

In this paper I analyze mobility in rural credit markets. A panel data set of rural Honduran households is used to study credit market transitions; specifically, the dynamic evolution of formal and informal sector participation. Mobility patterns among four different credit market states are...