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interview market participants and triangulate the perspectives of borrowers with those of formal and informal lenders …. Importantly, our research includes current and past borrowing from formal and informal sources, prompting participants to draw … unintended consequence of formal microfinance: The availability of formal low-interest microfinance creates informal …
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This study tests the assertion that membership growth in credit unions is constrained by their unique structural features, such as their non-profit mission and member-based ownership. Although these features enhance inclusiveness, existing theory suggest that they work against efficiency when...
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formal and informal sectors in order to enhance their performance and growth. Unfortunately, there is no agreed method by … identify the different contextual dimensions influencing formal and informal enterprise creation processes in SSA. …
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