With the exception of holders of default-free instruments, a key risk run by investorsis credit risk. To meet the need … of investors to hedge this risk, the market uses creditderivatives.The South African credit derivatives market is still … most popular credit derivatives in theSouth African financial markets. …

households that are credit constrained, which indicates an evasion strategy: business loans that cannot be obtained regularly are …, which prevents these entities from establishing a credit history and thereby entering the formal banking market. Banks …

credit-money in financing innovation or variously being used for general accumulation or speculation. Institutional themes …

," improving success rates and income and eliminating health hazards. In parallel, CDDP established a factory and self-help, micro-credit …

This paper models firm survival in Kenyan manufacturing with a particular emphasis on the effect of credit on firm … and Weibull parametric hazard models. The main contribution of the paper is to highlight the role of credit in explaining …

This article utilizes the Survey of Small Business Finances to compare and contrast trade credit practices of rural … credit. There is a strong direct relationship between various forms of debt held by these firms and their level of accounts … receivable (e.g., trade credit extended to customers). The actual level of re-lending varied among firms depending on their …

Most of the literature attributes credit constraints in small-farm developing-country agriculture to the variability of …-theoretic credit market model with endogenous technology choice. The model demonstrates that lenders may refuse to finance any …