One reason that economic development in rural America lags behind its urban counterpart is the persistent lack of venture capital for rural entrepreneurs. Geography deserves much of the blame, as angel investors and venture capitalists tend to live and work in metropolitan areas on the coasts,...

This paper explores the rural lending technology used by PRODEM to reach rural microfinance clients in Bolivia. It makes a quantitative comparison of its rural and urban portfolios and makes a qualitative description of its rural lending technology