Purpose – The purpose of this paper is to study the socio-economic variables that influence the number of micro-credit projects worldwide. The paper also intends to study the socio-economic variables that lead to a higher default rate. In order to do this study, the authors use a database from...

Purpose – Like other developing countries, Rwandan rural credit market is repressed, shallow, segmented, inefficient and dual structured where both formal and informal financial systems operate side by side. While the later has been playing a predominant role, cooperative societies have...

Purpose – The purpose of this paper is to study the progress of rural development through the performance of a rural co-operative. Design/methodology/approach – Random sample of 100 members of the co-operative have been selected. The opinion of sample members has been collected personally...

Poverty in third world (TW) countries is a serious problem, and microcredit has become the most popular approach to address this undesirable phenomenon. This model, perceived more than a quarter century ago in Bangladesh, is now being pursued around the globe. In spite of this enormous...