Liability Structure in Small-Scale Finance : Evidence from a Natural Experiment
Microfinance, the provision of small individual and business loans, has experienced dramatic growth, reaching over 150 million borrowers worldwide. Much of the success of microfinance has been attributed to attempts to overcome the challenges of information asymmetries in uncollateralized lending. H...
| Main Authors: | , , , |
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| Language: | en_US |
| Published: |
Oxford University Press on behalf of the World Bank
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/21616 |