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This paper uses a unique data set of panel firms from the World Bank's Enterprise Surveys in 47 economies, to provide estimates of the patterns of firm exit, and analyzes various firm characteristics and conditions under which firms leave the market. Firms'labor productivity and age are robustly...
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The Banque de France organised a symposium on microfinance in July 2011. Based on the experience of Southern countries …, the participants stressed the usefulness of microfinance as an instrument for financial inclusion, economic development …
Persistent link: https://www.econbiz.de/10010569714
, social, psychological and political disempowerment. This led to the emergence of the microfinance model for the rural poor … systemic literature review to examine microfinance-led women empowerment to reduce the ambiguity in theoretical and empirical … underpinning. Findings The study’s findings suggest that even though microfinance as a developmental model is not a runaway success …
Persistent link: https://www.econbiz.de/10014871415
micro equity finance, Islamic microfinance institutions (IMFIs) can reach the right targets and effectively mitigate the … model that can use Islamic equity-based modes of financing to improve microfinance outreach and achieve scale. The use of … agency problems in Islamic microfinance and proposes a solution through distinct entry criterion and enterprise level micro …
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A large food multinational wishes to help micro-distributors in its supply chain with the financing of a productive asset. Collaborating with the firm in Kenya, we conduct a field experiment to compare asset financing under a traditional debt contract to three alternatives that provide a greater...
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