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...

Financial inclusion is seen as a dynamic tool for achieving multifaceted macroeconomic stability, inclusive and sustainable economic growth, job creation, poverty reduction, and income equality for both developed and developing nations. To achieve this inclusion the needy segments of population...