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Financial inclusion and financial literacy are receiving increasing attention for their potential to contribute to economic and financial development while fostering more inclusive growth and greater income equality. In general, the progress of financial inclusion and financial development in...
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success of microfinance around the world, a large number of commercial banks have made a profitable business out of this … sector. This paper explores various business models by commercial banks in microfinance and provides policy implications for …
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The present paper develops three models that help predict the success rate and attainable investment levels of online crowdfunding ventures. This is done by applying standard economic theory and machine learning techniques from computer science to the novel sector of on-line crowd-based micro-...
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though they relax financing constraints. We relate this insight to the limited success of group-based microfinance in … loans ; social ties ; altruism ; peer-to-peer lending ; small business ; entrepreneurial finance ; microfinance ; missing …
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