The present study applies purpose-built dynamic computable general equilibrium models for Ghana and Kenya with a …

microfinance institutions (MFIs) in Kenya still face major challenges with efficiently and effectively delivering microfinance …Although microfinance has played a significant role in providing a wide range of financial products and services, many … greatly undermined the capabilities of MFIs to efficiently operate their services and expand their various microfinance …

This article looks at current microfinance practices in Kenya and some of the inherent challenges that hinder human … development of microfinance clients beyond accessing financial services. As microfinance providers and supporters continue to … augment their microfinance services with basic entrepreneurial training. …

credit may be reduced if innovative and sustainable smallholders are identified. …

form a coalition to coordinate their reports and to arbitrage on the goods. We find that when the types of agents are … without arbitrage; when the types are weakly negatively correlated, the monopolist can achieve the same profit regardless of … whether or not buyers can arbitrage on their goods. Allowing arbitrage within coalitions result in right discontinuity between …