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Microfinance currently experiences a huge inflow of private investors and a surge in the use of market instruments …. This raises the question of what market equilibria in microfinance markets look like and which kinds of market failure tend … problems, but do not eliminate them. -- microfinance ; group lending ; enforcement …
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Lending to rural borrowers is a key element of pursuing the poverty alleviation mission of microfinance. However, a … strong focus on rural areas is said to hamper the sustainability of microfinance institutions (MFIs). We analyze this … potential trade-off based on data covering 802 microfinance institutions over the period 2008-2013. We find that increasing the …
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addition to rural and community banks and microfinance institutions. Using recent household survey data, we ascertain the …
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The recent collapse of several microfinance sectors as well as the current COVID-19 pandemic has given rise to a …
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This paper aims at analyzing the main aspects related to the pricing of credit in the traditional channel, and that of microcredit. After a brief introduction of the concept of microcredit, we analyze the main differences between the two channels of credit
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A growing number of formal commercial banks are increasingly showing interest in financing the vast underserved and untapped market of microenterprises in Ghana. However, the greater majority are still on the fence and are hesitant to venture into microlending. Using field survey data from a...
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This paper analyzes the role of expected income in entrepreneurial borrowing. We claim that poorer individuals are safer borrowers because they place more value on the relationship with the bank. We study the dynamics of a monopolistic bank granting loans and taking deposits from overlapping...
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