"This book contains an up-to-date and academically grounded work on enterprise financing in emerging economies in terms of global dynamics investigating theories, models and processes. It provides relevant theoretical frameworks and the latest empirical research findings in the area"--

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...