This paper presents a conceptual framework for explaining credit union (CU) loan delinquency and profitability in developing countries. It also offers an empirical estimation for a unique sample of Latin American CUs.

Using data from US labour market areas, we quantify empirical associations between entry by small firms and a vector of economic performance measures encompassing levels, volatilities and growth rates of several income and employment variables. Distinct and robust associations are found for net...

This paper presents a conceptual framework for explaining credit union (CU) loan delinquency and profitability in developing countries. It also offers an empirical estimation for a unique sample of Latin American CUs.