This paper studies the effect of government-backed partial credit guarantees on firms' performance. These guarantees are automatically granted to firms without enough collateral in order to lift their credit constraints. We put together a panel, covering the period 1997-2007, that combines data...

The objectives of the evaluation are to assess Opportunities for the Majority (OMJ)'s relevance vis-à-vis its mandate, its effectiveness in achieving development goals, its efficiency in delivering products, and the sustainability of both projects and the "business model" supported by the...