This study classifies the laws affecting the informal sector and assesses the extent of the empowerment of the sector based on the provisions in the laws that allow for organization, decision making mechanisms and transfer of power from the traditional center to another. Results indicate that,...

This study classifies the laws affecting the informal sector and assesses the extent of the empowerment of the sector based on the provisions in the laws that allow for organization, decision making mechanisms and transfer of power from the traditional center to another. Results indicate that,...

Innovation in credit programs has alleviated poverty. The premise is that credit accessibility translates into productive activities that aid households to battle poverty. Despite this, the formal rural lending institutions are meeting only a very small percentage of the rural demand for credit....

Innovation in credit programs has alleviated poverty. The premise is that credit accessibility translates into productive activities that aid households to battle poverty. Despite this, the formal rural lending institutions are meeting only a very small percentage of the rural demand for credit....

This compendium of 27 case studies focuses on the profession of informal moneylending in the urban and rural sectors. It attempts to offer answers to the question of whether or not the covert nature of informal lending serves as an obstacle to monitoring the financial market. Together with this...

In its attempt to characterize the existing financing schemes of the footwear manufacturing industry in Marikina, this paper investigates and documents the existing formal and informal credit arrangements in the footwear manufacturing industry. It also describes the mechanisms and arrangements...

Less developed countries are usually characterized by a dualistic financial system: the formal and informal credit system. One form of the latter is the Cooperative Credit Union (CCU), which at present finds shelter in the private and government offices as well as in public markets. Analysis...

This paper reviews the monetary and credit policies that directly or indirectly bear on the rise and fall of informal credit markets. It also describes the responses of the formal financial sector to the challenges of the informal sector and/or the opportunities in the financial markets.

This paper integrates the major results of the various studies on urban informal credit markets (ICMs). While the terms of references cover a wide range of topics, the peculiar characteristics of the Philippine financial system and the limited budget for the study preclude the study from...