Das große gegenwärtige Interesse an der Entwicklung von Institutionen zur Finanzierung von Klein- und Kleinstbetrieben erinnert stark an die früheren Ansätze von Kreditprogrammen für Kleinbauern. Im allgemeinen waren diese damaligen Versuche mit negativen Erfahrungen verbunden. Vor diesem...

Twelve key themes covering institutions, products, services, processes and enabling environment are studied in this literature review of rural finance in developing countries. Advances made and emerging lessons are examined for these themes, and the challenges and remaining gaps in knowledge...

This paper explains market segmentation that occurs in the Philippine informal credit markets through the matching of borrowers and lenders by their occupational specializations to internalize transaction costs and facilitate economic activity. The regression results support a predictable...

This paper provides an overview of the microfinance industry in developing countries. It highlights the early development of the concept of microfinance and identifies some of the key issues and debates concerning its performance in terms of outreach, sustainability, and impact. Studies are...