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Limited borrower information may create targeting distortions in credit markets. Community-based lending programs may reduce these distortions by exploiting information transmitted in local networks, but connections may create asymmetries in power. This paper analyzes how local leaders balance...
Persistent link: https://www.econbiz.de/10012154414
Persistent link: https://www.econbiz.de/10013163411
This paper provides a review of the profiles of the subsistence entrepreneurs and their constraints, and the landscape of current entrepreneurship programs and the evidence on impacts, and discusses the potential role of public policies for the livelihoods of subsistence entrepreneurs. Worldwide...
Persistent link: https://www.econbiz.de/10011522236
This paper develops a theoretical framework to explain a limited effect of business development programs (BDPs) on entrepreneurs' profit. We argue BDPs limited effect is due to mismatch between a BDPs' narrow focus on business-promoting strategies and a wider context in which microentrepreneurs...
Persistent link: https://www.econbiz.de/10012867776
We use a novel enterprise survey from Tanzania to gauge the relationship between saving instruments and entrepreneurial reinvestment. While most informal savings practices do not imply a lower likelihood of entrepreneurial reinvestment when compared with formal savings practices, we find a...
Persistent link: https://www.econbiz.de/10013048175
We study the relationship between financial constraints and employment formalization by exploiting heterogeneity in the industry-level degree of financial dependence, in the spirit of Rajan and Zingales (1998). This dependence, and variation in aggregate credit, lets us measure industry-level...
Persistent link: https://www.econbiz.de/10012165732
actions were boosted through the movement of microfinance. Literary experiences have disclosed that Self Help Group (SHGs … entrepreneurs and the role of microfinance in assisting women to start micro enterprises. The paper also looks at the reasons of …
Persistent link: https://www.econbiz.de/10013086206
decades, microfinance institutions (MFIs) have appeared as crucial tools not only to address the issue of poverty but also … encouraging women’s entrepreneurship. Hence, this paper not only examines empowerment, which women are attaining from microfinance …
Persistent link: https://www.econbiz.de/10014373572
years after microfinance–an intervention commonly believed to lower the cost of credit and spark business creation … “gung-ho entrepreneurs” (GEs)–those who started a business before microfinance entered–more access to microfinance. Notably …, these effects persist two years after microfinance was withdrawn from Hyderabad. However, any persistent benefits to …
Persistent link: https://www.econbiz.de/10012852837
short cases to indicate how a social problem was addressed by a social innovation by entrepreneurial actions by microfinance …
Persistent link: https://www.econbiz.de/10013035250