, and financial consumer protection and credit reporting regulations and institutions. Programs involving microfinance … credit constrained. The quality of financial inclusion is impaired by a low level of financial literacy, which is also … by public savings banks, credit cooperatives, public promotional banks, and guarantee banks using the “housebank” model …

, and financial consumer protection and credit reporting regulations and institutions. Programs involving microfinance … credit constrained. The quality of financial inclusion is impaired by a low level of financial literacy, which is also … by public savings banks, credit cooperatives, public promotional banks, and guarantee banks using the "housebank" model …

financing instruments, whereas they are less likely to use state subsidies, trade credit or asset-based financing instruments …. Furthermore, micro firms differ from medium-sized firms by using more short-term debt (credit card overdrafts, credit lines and …