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A large body of literature has shown that small firms experience difficulties in accessing the credit market due to informational asymmetries. Banks can overcome these asymmetries through relationship lending, or at least mitigate their effects by asking for collateral. Small firms, especially...
Persistent link: https://www.econbiz.de/10009138470
In the paper it is inquired how Sudanese women use the financial institutions in order toorganise their lives between market, household, and the community. The results arebased on interviews and observations done in two villages in the surroundings ofOmdurman (Al Gharaza and Sanahir), displaced...
Persistent link: https://www.econbiz.de/10009302559
Persistent link: https://www.econbiz.de/10005856880
Trotz der noch immer schwierigen wirtschaftlichenSituation sind Teile des Ruhrgebietsauf dem Weg, ein bedeutender Standort für dieGesundheitswirtschaft zu werden. Hier hat sichin den letzten Jahren viel zum Positiven bewegt,da das Ruhrgebiet über einen quantitativ mehrals soliden...
Persistent link: https://www.econbiz.de/10009128165
Universität Berlin sowie KMU Forschung Austria, imLaufe des Jahres 2008 erstellt wurde... …
Persistent link: https://www.econbiz.de/10005865786
In der zweiten Förderphase der EU-Gemeinschaftsinitiativen (1995 - 1997) hatten bereits einige Trägerorganisationen von NOW-Projekten den Aspekt der Existenzgründungförderung als einen Weg aus der Arbeitslosigkeit in ihre Qualifizierungs- und Beratungsarbeit mit aufgenommen.
Persistent link: https://www.econbiz.de/10005849477
This paper presents an in-depth analysis of developments in the microfinance sector beforeand after the Lehman Brothers … countries. Thefindings indicate that microfinance has been part of the same credit boom observed in the traditionalbanking … raises the question whether the crisis resiliencethe microfinance sector has shown in the past remains a characterizing …
Persistent link: https://www.econbiz.de/10008836926
Few micro…nance-funded businesses grow beyond subsistence entrepreneur-ship. This paper considers one possible explanation: that the structure ofexisting micro…nance contracts may discourage risky but high-expected returninvestments. To explore this possibility, I develop a theory that uni…es...
Persistent link: https://www.econbiz.de/10008845708
uncertainty and investment;ultimately this relationship is theoretically ambiguous. Using loan-level panel data from microfi…nance …
Persistent link: https://www.econbiz.de/10008860680
Microfinance continues to play an ever increasing role in approaches topoverty alleviation around the world. Yet … mystery. From its inception, microfinance generated agreat deal of interest from economic theorists. Influential papers from …
Persistent link: https://www.econbiz.de/10008860681