Showing 1 - 10 of 1,329
In this study, we use data from the Federal Reserve’s 1993, 1998 and 2003 Surveys of Small Business Finances to classify small businesses into four groups based upon their credit needs and to model the credit allocation process into a sequence of three steps. First, do firms need credit? We...
Persistent link: https://www.econbiz.de/10008615019
In this study, we use data from the SSBFs to provide new information about the use of credit by small businesses in the U.S. More specifically, we first analyze firms that do and do not use credit; and then analyze why some firms use trade credit while others use bank credit. We find that one in...
Persistent link: https://www.econbiz.de/10008615030
This study is based on the results of the non-monetary poverty estimation of the beneficiaries of microfinance in Mali … microfinance program could involve a reduction in the poverty gap between men and women beneficiaries. …
Persistent link: https://www.econbiz.de/10011258607
This paper provides a brief but comprehensive overview of microfinance academic literature with emphasis on recent … innovations, trends and efficiency. In particular, we focus on controversial issues of microfinance, such as commercialization … reviewed literature underline the great improvement in the microfinance field that, however, has not reached its full potential …
Persistent link: https://www.econbiz.de/10011258789
This paper attempts to assess whether participation in a microfinance program helps households generate personal … savings, as distinct from savings through compulsory contributions to the program. We consider a microfinance program … participating in the microfinance program and a “control group” of non-participating households of similar characteristics. Using …
Persistent link: https://www.econbiz.de/10011259347
This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions …, could increase the desired effects, efficiency and impact of microfinance in selected jurisdictions. In so doing, it …
Persistent link: https://www.econbiz.de/10011259552
We study the optimal regulation of a cooperative credit society which has private information on the intrinsic quality of its loan portfolio (adverse selection) and where the cooperative’s choice of effort to improve this quality cannot be observed by the regulator (moral hazard). We...
Persistent link: https://www.econbiz.de/10011259760
This study aims to assess the microfinance institutions’ (MFIs’) efficiency in the West African Economic and Monetary …
Persistent link: https://www.econbiz.de/10011260252
microfinance models of lending offer considerably lower costs of borrowing than those in regular models of direct lending by banks …. The study opines that microfinance model of lending can provide cost-efficient model of financial intermediation for …
Persistent link: https://www.econbiz.de/10011260268
This paper not only addresses how linkages, direct and facilitating linkages, can benefit microfinance institutions …, could increase the desired effects, efficiency and impact of microfinance in selected jurisdictions. In so doing, it …
Persistent link: https://www.econbiz.de/10011260320