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Reducing Loan Default Rate Among Microfinance Institutions (MFIs) in Ghana Through Innovative Product Design, Delivery and Efficient Loan Management
Owusu, Augustine - 2015
) contributed 49% of Ghana's GDP in 2012 which impact significantly on economic growth, income and employment. Traditionally … ventures. Microfinance institutions, however, seemed to have the means to make financial services available to relatively poor … financing. This paper therefore proposes a conceptual framework that reduces loan defaults in MSMEs lending among MFIs in Ghana …
Persistent link: https://www.econbiz.de/10013026361
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Bank lending, geographical distance, and credit risk : an empirical assessment of the Church Tower Principle
Carling, Kenneth; Lundberg, Sofia - 2002
Does the Church Tower Principle, i.e. geographical proximity between borrowing firm and lending bank, matter in credit risk management? If so, the bank might expose itself to a greater risk by lending to distant firms and should therefore respond by rationing them harder. In this paper we...
Persistent link: https://www.econbiz.de/10011585141
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Repayment under flexible loan contracts : evidence from Tanzania
Grohmann, Antonia; Herbold, Steffen; Lenel, Friederike - 2020
We study repayment and delinquency in an innovative loan contract that offers borrowers a wide range of flexibility. Using a large administrative dataset, we perform unsupervised pattern analysis to study how borrowers repay within the framework of this loan. We identify eight clusters that can...
Persistent link: https://www.econbiz.de/10012257293
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Credit Rationing Effects of Credit Value-at-Risk
Slijkerman, Jan Frederik; Smant, David J.C.; de Vries, … - 2004
Banks provide risky loans to firms which have superior information regarding the quality of their projects. Due to asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem of low quality, i.e. high risk, loans and therefore...
Persistent link: https://www.econbiz.de/10010325499
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Collaterlization, bank loan rates and monitoring: Evidence from a natural experiment
Cerqueiro, Geraldo; Ongena, Steven; Roszbach, Kasper - 2012
We study a change in the Swedish law that exogenously reduced the value of all outstanding company mortgages, i.e., a type of collateral that is comparable to the floating lien. We explore this natural experiment to identify how collateral determines borrower quality, loan terms, access to...
Persistent link: https://www.econbiz.de/10010320779
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Credit rationing effects of credit value-at-risk
Slijkerman, Jan Frederik; Smant, David Jan Cornelis; … - 2004
Banks provide risky loans to firms which have superior information regarding the quality of their projects. Due to asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem of low quality, i.e. high risk, loans and therefore...
Persistent link: https://www.econbiz.de/10011334832
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Friend or foe? : crowdfunding versus credit when banks are stressed
Blaseg, Daniel; Koetter, Michael - 2015
Does bank instability push borrowers to use crowdfunding as a source of external finance? We identify stressed banks and link them to a unique, manually constructed sample of 157 new ventures seeking equity crowdfunding. The sample comprises projects from all German equity crowdfunding platforms...
Persistent link: https://www.econbiz.de/10011317927
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Implications of bank regulation for credit intermediation and bank stability : a dynamic perspective ; conference paper
Bucher, Monika; Dietrich, Diemo; Hauck, Achim - 2013
Business cycles imply liquidity risks for banks. This paper explores how these risks influence bank lending over the cycle. With forward-looking banks, lending cycles, credit booms and busts, or suppressed and highly fragile bank systems can emerge, depending on the magnitude of liquidity risks....
Persistent link: https://www.econbiz.de/10010341626
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Credit constraints, heterogeneous firms and loan defaults
Fidrmuc, Jarko; Ciaian, Pavel; Kancs, D'Artis; … - 2011
In light of the recent financial and economic crisis the present paper analyzes the determinants of loan default. We employ a unique firm-level panel data of 700 bank loans given to small and medium sized enterprises in Slovakia between 2000 and 2005 to investigate three loan default hypothesis....
Persistent link: https://www.econbiz.de/10011524898
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Psychometrics as a tool to improve screening and access to credit
Arráiz, Irani; Bruhn, Miriam; Stucchi, Rodolfo - 2015
This paper studies the use of psychometric tests, designed by the Entrepreneurial Finance Lab (EFL), as a tool to screen out high credit risk and potentially increase access to credit for small business owners in Peru. We use administrative data covering the period from June 2011 to April 2014...
Persistent link: https://www.econbiz.de/10011485359