The paper reviews the innovations developed by some financial institutions to meet the challenges of microfinance and …

quasi-experimental design with incoming clients of randomly selected participating microfinance institutions as the … islands (Luzon, Visayas, and Mindanao) and 38 microfinance institutions consisting of three types - banks, cooperatives, and … for microfinance programs to be effective as a poverty-alleviation tool there is a need to review and constantly monitor …

should aim to provide access for the poor on saving, credit and insurance. Microfinance schemes have been applauded as a … successful best practice in providing access to saving and credit. However, microfinance institutions still have some room for …

entrepreneurs are better informed than the venture capitalists (VCs). We demonstrate that for a well-designed contract the … variability of the return is sufficiently large, the entrepreneurs will find it desirable to rely on convertible securities with … with which the entrepreneurs are awarded equity shares without investment outlays. We compare the different financing …

entrepreneurship and, believing that it is important to begin with a good educational foundation, the features of some alternative …

Entrepreneurship is viewed by economists to be a combination of innovation and risk taking. When such activity thrives … benefit form growth and employment as well as throughopportunities for entrepreneurship. In Pakistan innovation and risk … protection and subsidy polic ies determined winners in the market place, entrepreneurship has been diverted to seeking government …