Interest-free banking has been expanding its operation in many countries. On the other hand, micro-credit has been increasingly becoming effective in different parts of the world. In the mean time, interest-free banks have started rendering micro-credit to the rural-based micro entrepreneurs in...

Purpose – The aim of writing this paper is to demonstrate how societal sector institutions influence the lender‐borrower network relationships. Design/methodology/approach – The objectives are achieved by analyzing data based on an “Institutional Network” theoretical frame of...

The purpose of the paper is to present the result of an empirical review as to how and to what extent the interest‐free microfinance to micro entrepreneurs contributes in minimising different cots of both the lender and the borrowers. An institutional‐network theoretical approach is used to...