Every year 400,000 entrepreneurs fail and 60,000 file for personal bankruptcy. The option to declare bankruptcy provides entrepreneurs with insurance against the financial consequences of business failures. However, it comes at the cost of worsened credit market conditions. In this paper, we...

"This book explores how microfinance institutions exist to fulfill a dual mission - financial sustainability and positive social impact on the urban and rural poor of the communities that they serve. It also explores how it is the responsibility of management to assess the institution's level of...

"This book contains an up-to-date and academically grounded work on enterprise financing in emerging economies in terms of global dynamics investigating theories, models and processes. It provides relevant theoretical frameworks and the latest empirical research findings in the area."

In "Kleiner Einsatz, große Wirkung" stellt die Expertin auf dem Gebiet der Mikrofinanzinvestitionen neue und aufregende Geschäftsmodelle vor, die zu einer nachhaltigen Verbesserung unserer Welt beitragen. Neben einer kurzen Einführung in die neuesten Entwicklungen im Bereich der...