Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclear property rights and the lack of assets that can be used as collateral. This paper presents a...

Limited access of entrepreneurs to credit constrains the creation and growth of private firms.In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) dueto unclear property rights and the lack of assets that can be used as collateral. This paperpresents a...