Purpose – In the presence of credit rationing the poor are unable to exploit growth‐promoting opportunities. Using data gathered from a household survey on North China Plain, the purpose of this paper is to find pervasive rationing in the highly regulated formal credit market in rural China....

This paper describes different types of rural microfinance institutions, and examines their comparative advantages as well as related challenges to and strategies for deepening rural financial systems. The focus is not about which type of institution is better or worse for a particular target...

Using data from Malawi, this paper examines factors that influence a household’s likelihood of facing credit constraints. Households with larger land holdings have a higher probability of reporting credit constraints, apparently due to lack of secure land rights which could enable households...

Purpose The purpose of this paper is to analyze determinants of farmers’ participation and credit rationing in microcredit programs using survey data from Ghana. Design/methodology/approach The authors use the Garrett Ranking Technique to analyze farmers’ reasons for participation or...

Using data from Malawi, this paper examines factors that influence a household’s likelihood of facing credit constraints. Households with larger land holdings have a higher probability of reporting credit constraints, apparently due to lack of secure land rights which could enable households...

Despite higher profitability of High Yielding Varieties (HYVs), it has long been hypothesized that lack of access to credit is one of the main reasons, why farmers in developing countries continue to allocate a portion of their land to traditional crop varieties. The empirical testing of this...