margin if the rate of credit is capped by the legislature. Concurrently, the growth of microfinance in the world has shown … that innovative techniques can increase credit availability, without unduly high risk. However, such increased credit … availability may not materialize if credit rates are capped by usury laws, as it was in France. This paper traces out a number of …

The aim of this study was to ascertain what can be done by the informal finance sector to close the credit gap in order … as a last resort by SMEs that fail to access credit from the formal finance sector, owing to, among other issues … absence of credit bureaus in developing countries also contribute to the failure to access finance from formal institutions …