Showing 1 - 10 of 5,498
With maturity in the microfinance market in South Asia, it is observed that some microfinance members' needs grow … beyond the boundaries of traditional microfinance group loans. In addition, there are other small enterprises whose needs are … not met by microfinance institutions or commercial banks. It is important to address the financing needs of these firms …
Persistent link: https://www.econbiz.de/10011653789
arising from the undeniable specificity of the entire SME sector and large companies operating in Poland. …
Persistent link: https://www.econbiz.de/10012232361
foster SME lending and attention has focused on improving the institutional environment, such that the financial system is … more willing to lend to SMEs. In this paper, we directly ask banks (the main providers of SME external finance) what … and retail sectors. They perceive the SME market as highly profitable, large, and with good prospects. Moreover, banks are …
Persistent link: https://www.econbiz.de/10010276834
Microfinance programs like Self Help Group Bank linkage program (SHG), aim to empower women through provision of … greater impact on empowering women. Using household survey data on SHG from India, a general structural model is adopted where …
Persistent link: https://www.econbiz.de/10010321453
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10010283965
Improving productivity among microenterprises is important, especially in low-income countries where market imperfections are pervasive, and resources are scarce. Relaxing credit constraints can increase the productivity of microenterprises. Using a field experiment involving agricultural...
Persistent link: https://www.econbiz.de/10012141151
This paper analyses the welfare effects of microfinance and inflation in developing countries. Therefore, we introduce … microfinance institution induces peer monitoring, which in turn enables entrepreneurship. Our main result is that there exists an … inflation threshold beyond which entrepreneurship collapses. We show that inflation affects the impact of microfinance on social …
Persistent link: https://www.econbiz.de/10011390685
Microfinance is typically associated with joint liability of group members. However, a large part of microfinance … contracts. Moreover, we show that microfinance institutions offer group loans when the loan size is rather large, refinancing … costs are high, and competition between microfinance institutions is low. Otherwise, individual loans are offered …
Persistent link: https://www.econbiz.de/10010334012
This paper discusses the so-called commercial approach to microfinance under economic and ethical aspects. It first … shows how microfinance has developed from a purely welfare-oriented activity to a commercially relevant line of banking … microfinance in the course of the last decade. As the author argues, this commercial approach is the only sound approach to adopt …
Persistent link: https://www.econbiz.de/10010271345
This paper examines whether recently introduced village funds", one of the largest microfinance programs ever …
Persistent link: https://www.econbiz.de/10010275890