The potential of small and micro-enterprises (SMEs) in promoting economic growth in both developed and developing countries is widely accepted and documented by both scholars and policy makers. Lack of access to sufficient financing for these SMEs, especially in developing countries, has been...

Poor rural households in developing countries lack adequate access to credit. Many development professionals believe that this lack of credit has negative consequences for poor people's agricultural productivity, food security, health, and overall household welfare. Improved access to credit,...