Showing 1 - 10 of 33
We study a benchmark model with collateral constraints and heterogeneous discounting. Contrarily to a rich literature on borrowing limits, we allow for rental markets. By incorporating this missing market, we show that impatient agents choose to rent rather than to own the collateral in the...
Persistent link: https://www.econbiz.de/10010775853
We study a benchmark model with collateral constraints and heterogeneous discounting. Contrarily to a rich literature on borrowing limits, we allow for rental markets. By incorporating this missing market, we show that impatient agents choose to rent rather than to own the collateral in the...
Persistent link: https://www.econbiz.de/10011025906
This paper compares the loans granted to male and female entrepreneurs by a French microfinance institution (MFI). The …
Persistent link: https://www.econbiz.de/10010933836
We analyze in this paper how various forms of State intervention can impact the microcredit market in developed … microfinance institutions' lending behavior. We first introduce state intervention through the loan guarantee and show that, not … provided by the microfinance institution, we show that the government loan guarantee can have a counterproductive effect by …
Persistent link: https://www.econbiz.de/10010933878
Microfinance institutions (MFIs) target poor people, excluded from the banking system. By giving them starting capital … 2000-2006 period. It identifies microfinance institutions' client profiles, brings to light the men/women differences and … amongst clients of MFIs. We also demonstrate that the gender criterion is a decisive factor of the amount of the microcredit …
Persistent link: https://www.econbiz.de/10010899574
microfinance. En raison d'un biais de sélection, la procédure en deux étapes du modèle de sélection d'Heckman a été utilisée sur un … échantillon de 277 institutions de microfinance notées entre 2001 et 2007 et 214 non notées. La note obtenue, la performance et la …
Persistent link: https://www.econbiz.de/10009386776
demand for credit by poor people who cannot guarantee financial collateral and stable revenues. Microfinance institutions … of microfinance programmes in industrialized countries. Considering this, we have developed in this paper an in …-depth analysis of French institutions of microfinance and an econometric analysis on the personal and social characteristics of their …
Persistent link: https://www.econbiz.de/10009368025
institutions de microfinance utilisent et le scoring de pauvreté et le scoring de crédit. Nous nous attendions à observer des … pourcentages moindres. Seulement 8,8% des institutions de microfinance ont déclaré ne pas utiliser le scoring de crédit et ne pas … en avoir l'intention. Pour les institutions de microfinance qui n'utilisent pas encore le scoring de crédit mais ont l …
Persistent link: https://www.econbiz.de/10010821385
compris l'argent investi à but social, ont plusieurs moyens de participer au marché de la microfinance : descendre en gamme …
Persistent link: https://www.econbiz.de/10010821458
Histoire et analyse des pratiques tontinières chinoises en Chine et hors de Chine
Persistent link: https://www.econbiz.de/10008789634