Página 1 dos resultados de 1713 itens digitais encontrados em 0.271 segundos
Increasing Access to Credit through Reforming Secured Transactions in the MENA Region
Fonte: Banco Mundial
Publicador: Banco Mundial
Relevância na Pesquisa
66.02%
#ACCESS TO CREDIT#ACCOUNT RECEIVABLES#ACCOUNTS RECEIVABLE#ARBITRATION#ASSET VALUE#AUCTIONS#BAILIFFS#BANK ACCOUNT#BANK ACCOUNTS#BANK DEBT#BANK FINANCING
This paper provides a comparative
summary of secured transactions systems related to the use
of movable property as collateral in the MENA region vis a
vis international practices in countries with modern secured
transactions systems. The paper sets out the importance of
introducing reforms in the area of secured transactions with
the objective of increasing access to credit for businesses,
particularly SMEs. The MENA region clearly lags behind all
other regions in the introduction of secured transactions
reforms. The paper summarizes many of the weaknesses common
across the region. The two main critical areas that need
urgent reforms are the creation of modern secured
transactions laws and electronic movable collateral
registries, and the need to improve enforcement mechanisms
for security interests in movable property.
Link permanente para citações:
Experimental Evidence on Returns to Capital and Access to Finance in Mexico
Fonte: World Bank
Publicador: World Bank
Tipo: Artigo de Revista Científica
Relevância na Pesquisa
75.74%
#access to loans#developing countries#financial institutions#financial market#investment opportunities#market interest rates#microenterprises#productive investment#return#returns
A strong theoretical argument for focusing on access to finance is that financial market imperfections can result in large inefficiencies, as firms with productive investment opportunities underinvest. Lack of access to finance is a frequent complaint of microenterprises, which account for a large share of employment in developing countries. However, assessing the extent to which a lack of capital affects their business profits is complicated by the fact that business investment is likely to be correlated with a host of unmeasured characteristics of the owner and firm, such as entrepreneurial ability and demand shocks. In a randomized experiment that gave cash and in-kind grants to small retail firms, providing an exogenous shock to capital, the shock generated large increases in profits, with the effects concentrated among firms that were more financially constrained. The estimated return to capital was at least 20–33 percent a month—three to five times higher than market interest rates.
Link permanente para citações:
Expanding Access to Finance : Good Practices and Policies for Micro, Small, and Medium Enterprises
Fonte: Washington, DC : World Bank
Publicador: Washington, DC : World Bank
EN_US
Relevância na Pesquisa
66.1%
#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESSIBLE LOANS#ACCOUNTS RECEIVABLE#ADMINISTRATIVE COSTS#AFFORDABLE FINANCING#AGRICULTURAL BANK#AGRICULTURAL COOPERATIVE#AGRICULTURAL DEVELOPMENT BANK#ARREARS
This book on micro, small, and medium
enterprise (MSME) finance is intended primarily for
government policy makers. It presents a policy framework
whereby governments can support increased access by MSME to
financial services based on empirical evidence and
practices. MSME complain that lack of access to finance
constrains their growth and competitiveness. Indeed,
financial sector policies often work against the ability of
commercial financial institutions to serve MSME, albeit
often unintentionally. In many countries, lack of
competition in the banking sector limits pressure on banks
to reach out to MSME client segments. High risk and high
transaction costs-real or perceived-associated with bank
lending to MSME likewise constrain access. Often,
supervisory and capital adequacy requirements penalize banks
for lending to enterprises that lack traditional collateral.
Attempts by governments to address these constraints and
offset the inequalities in financial sector policy generally
have not achieved the desired results. This book lays out a
market-based policy framework for governments that focuses
on delivery of financial services to MSME on commercial
terms. The framework guides governments in focusing scarce
resources on developing an inclusive financial sector
policy; building sound financial institutions; and investing
in a supportive information infrastructure...
Link permanente para citações:
Increasing Access to Rural Finance in Bangladesh : The Forgotten "Missing Middle"
Fonte: Washington, DC: World Bank
Publicador: Washington, DC: World Bank
EN_US
Relevância na Pesquisa
66.06%
#ACCESS INDICATORS#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FORMAL CREDIT#ACCESS TO INSURANCE#ACCESS TO RURAL FINANCE#ACCOUNTING#ACCOUNTING STANDARDS#AGRICULTURAL ACTIVITIES#AGRICULTURAL CREDIT
Increasing access to rural finance is
often the last frontier for financial sector development in
developing countries. Financial institutions aiming to
operate in rural areas in these countries usually have to
deal with high transaction costs, low population densities,
remote areas, and a heavy focus on agriculture, with related
weather and commodity risks. Although Bangladesh is highly
vulnerable to natural disasters, its high population density
lowers transaction costs considerably. This report seeks to:
measure the quantity and quality of access to finance by
rural micro, small, and medium-size enterprises (MSMEs) and
marginal, small, and medium-size farmesr (MSMFs). In
Bangladesh these are also referred to as the missing middle
-- a segment not served by banks or microfinance
institutions (MFIs). The report also identifies constraints
that financial institutions face in serving MSMEs and MSMFs.
The institutions analyzed in detail include, Bangladesh
Krishi Bank (BKB), Rajshahi Krishi Unnayan Bank (RAKUB),
MFIs...
Link permanente para citações:
Scaling-Up SME Access to Financial Services
Fonte: Washington, DC
Publicador: Washington, DC
EN_US
Relevância na Pesquisa
66.06%
#ACCESS INDICATORS#ACCESS TO BANK LOANS#ACCESS TO CAPITAL#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FINANCING#ACCOUNTS RECEIVABLES#ALTERNATIVE FINANCING#ALTERNATIVE INVESTMENT#ANGEL INVESTORS
Small and Medium Enterprises (SMEs) play
a major role in economic development, particularly in
emerging countries, but access to finance remains a key
constraint to SME. In the light of the new understanding of
the SME finance challenges that this report synthesizes, the
Financial Inclusion Experts Group (FIEG) makes key
recommendations for the G-20 leaders, in order to achieve a
global scale-up of SME access to financial services in the
developing world. The G-20 FIEG SME Finance Sub-Group
executed a global SME Finance stocktaking exercise with
various SME finance models to establish best practices in
SME Finance.The report concludes that, given the fragmented
SME finance data space, the G-20 has a unique opportunity to
lead the collaborative effort on improving the availability
and quality of SME finance data globally. This can be
achieved through encouraging and coordinating the data
collection efforts at regional, national, and global levels
conducted by a multitude of sources including national
governments/agencies and international organizations and
effectively addressing the data collection challenges along
the way to ensure continuity of these efforts moving forward.
Link permanente para citações:
Financial Access 2009 : Measuring Access to Financial Services around the World
Fonte: Consultative Group to Assist the Poor/The World Bank, Washington, DC
Publicador: Consultative Group to Assist the Poor/The World Bank, Washington, DC
EN_US
Relevância na Pesquisa
86.02%
#ACCESS POINT#ACCESS POINTS#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO SAVING#ACCESS TO SAVINGS#ACCOUNT HOLDERS#ACCOUNT OWNERSHIP#ACCOUNTING#ADMINISTRATIVE COSTS
Financial Access 2009 introduces the
latest data from a survey of financial regulators in 139
countries. It presents indicators of access to savings,
credit, and payment services in banks, and in regulated
nonbank financial institutions. It is intended for a broad
audience of policymakers, researchers, practitioners,
multilateral and bilateral investors, in order to guide
monetary policy, monitor systemic risks, and collect
information on the values of deposits and credit. This
report reviews three interventions: disclosure requirements,
interest rate caps, and methods to address excessive lending
that can result in consumer indebtedness. Improved
transparency and disclosure allow borrowers to make informed
choices and can facilitate competition in financial markets,
eventually leading to lower prices and improved products.
Policies to restrict interest rates or credit quantity,
especially in consumer credit, seem to have limited effect
but require further analysis.
Link permanente para citações:
Niger - Rural Financial Services : Expanding Financial Access to the Rural Poor
Fonte: Washington, DC
Publicador: Washington, DC
EN_US
Relevância na Pesquisa
76.11%
#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FINANCING#ACCESS TO LOANS#ACCESS TO RURAL FINANCE#ACCOUNTING#AGRICULTURAL ACTIVITIES#AGRICULTURAL BANK#AGRICULTURAL COOPERATIVES#AGRICULTURAL CREDIT
The main objective of this study is to
identify the major impediments to access to financial
services in rural areas, and provide practical
recommendations to address the identified problems. The
study aims to inform on rural finance policies and
innovative instruments by examining both supply and demand
sides including an identification of non-financial issues
that restrict development of the rural financial sector.
Addressing the lack of rural access to financial services in
the Niger development process continues to figure
prominently on the Government agenda without, however, a
systematic action plan and strategy. Adopting ad hoc
solutions (such as the creation of an agricultural
development bank) without addressing the structural issues
that limit access to financial services will, unfortunately,
not yield any positive long lasting results.
Link permanente para citações:
Enhancing Access to Finance for Technology Entrepreneurs : Analysis of Highly Innovative, High Growth Start-Ups in Vietnam, Cambodia, and Nepal
Fonte: Washington, DC
Publicador: Washington, DC
EN_US
Relevância na Pesquisa
76.07%
#ACCESS TO BANK#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCING#ACCESS TO LOANS#ACCESS TO MARKET#ADVISORY SERVICES#AGRICULTURAL INCOME#ANGEL GROUP#ANGEL INVESTOR#ANGEL INVESTORS
The first part of the study provides
contextual background to the financing gaps and associated
barriers, which restrict access to finance for HI start-ups.
These barriers are driven by both supply and demand sides of
the financing equation. Supply side barriers include: high
transaction costs associated with financing; high levels of
credit risk associated with HI start-ups; high collateral
required by financial institutions; non-conducive legal and
regulatory environments for investment in HI start-ups; lack
of start-up expertise and dedicated resources by financiers;
and finance products that are not tailored to HI start-ups
needs and circumstances. Demand side barriers include:
reliance by HI start-ups on informal financing sources; lack
of awareness on the process to apply for funding from formal
financing sources; low levels of financial literacy by HI
start-ups; and the fear of losing control by involving
external investors. This section also contains a broad
overview of the country frameworks governing the start-up
sector...
Link permanente para citações:
Scaling-Up SME Access to Financial Services in the Developing World
Fonte: Washington, DC
Publicador: Washington, DC
Tipo: Trabalho em Andamento
EN_US
Relevância na Pesquisa
66.07%
#ACCESS INDICATORS#ACCESS TO BANK LOANS#ACCESS TO CAPITAL#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FINANCING#ACCOUNTS RECEIVABLES#ALTERNATIVE FINANCING#ALTERNATIVE INVESTMENT#ANGEL INVESTORS
Small and medium enterprises (SMEs) play
a major role in economic development, particularly in
emerging countries. Access to finance remains a key
constraint to SME development in emerging economies. Closing
the credit gap for formal SMEs will be less daunting than
for informal SMEs. The SME finance gap is the result of a
mismatch between the needs of the small firms and the supply
of financial services, which typically are easier for larger
firms to access. Deficiencies in the enabling environment
and residual market failures have motivated government
interventions to foster SME access to financing. The
stocktaking exercise confirms the rise in various parts of
the world of specific business models aimed at providing
financial services to SMEs in a cost-effective manner.
Effective SME financing models can be implemented in
different country and market environments, but greater
outreach is achieved in the most developed environments for
the financial sector. Although SME banking and microfinance
models are successfully being rolled out in an increasing
number of countries and regions...
Link permanente para citações:
Access to Finance for Smallholder Farmers
Fonte: Washington, DC
Publicador: Washington, DC
Tipo: Trabalho em Andamento
EN_US
Relevância na Pesquisa
66.04%
#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FORMAL CREDIT#ACCESS TO MARKETS#ACCESS TO TECHNICAL ASSISTANCE#ACCOUNTING#ACCOUNTS RECEIVABLES#AGRICULTURAL ACTIVITIES#AGRICULTURAL ACTIVITY#AGRICULTURAL COMMODITIES#AGRICULTURAL CREDIT
The percentage of smallholders with
access to finance is equally difficult to quantify.
According to estimates, even promising approaches to
expanding smallholder lending, such as value chain finance,
are reaching fewer than 10 percent of smallholders,
primarily those in well-established value chains dedicated
to higher value cash crops. International Finance
Corporation (IFC) has been engaged for several years in
learning efforts through diverse partnerships to obtain
insights into the challenges of agricultural finance. The
evidence of microfinance institution (MFI) involvement in
financing commercial and semi-commercial smallholders
remains anecdotal and lacks specifics on what makes MFI
lending to these segments feasible, and what restricts their
reach and effectiveness. This IFC study aims to identify and
disseminate lessons emerging from the work of MFIs that have
implemented agricultural operations targeting agricultural
smallholders in Latin America and the Caribbean (LAC) to
support replication and expansion of scalable approaches.
Through this research...
Link permanente para citações:
Dual Credit Markets and Household Access to Finance; Evidence from a Representative Chinese Household Survey
Fonte: World Bank, Washington, DC
Publicador: World Bank, Washington, DC
Tipo: Working Paper; Policy Research Working Paper; Publications Research
ENGLISH; EN_US
Relevância na Pesquisa
76.18%
#HOME OWNERSHIP#CREDIT MARKETS#INFORMAL BORROWING#DEPOSIT#FINANCIAL SERVICES#BORROWER#ECONOMIC GROWTH#VILLAGES#TRADE CREDIT#FACILITATION#REPAYMENT CAPACITY
Using a new and representative data set
of Chinese household finance, this paper documents household
access to and costs of finance, along with their correlates.
As in most developing countries, informal finance is a
crucial element of household finance, and wealth tends to be
associated with better access to formal and informal
finance. Better financial knowledge shifts loan portfolios
toward formal sources relative to informal ones. Connections
to the Communist Party are associated with significantly
better access to finance in rural areas but not in urban
areas. A larger social network is positively associated with
access to informal finance. Controlling for household
characteristics, rural residents pay interest rates on loans
similar to urban residents. Younger residents pay higher
rates, while households on firmer economic footing face
lower rates. Taking financial classes and college education
is associated with higher interest rates for urban
residents, suggesting perhaps that financial knowledge
coincides with greater demand for credit in areas with more
economic opportunity. Overall...
Link permanente para citações:
Kyrgyz Republic : Access to Financial Services Policy Note
Fonte: World Bank, Washington, DC
Publicador: World Bank, Washington, DC
Tipo: Economic & Sector Work :: Policy Note; Economic & Sector Work
ENGLISH; EN_US
Relevância na Pesquisa
66.1%
#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FINANCING#ACCESS TO INFORMATION#ACCESS TO RESOURCES#ACCOUNTING#ACCOUNTING PRACTICES#ACCOUNTING STANDARDS#ACCOUNTS RECEIVABLE#ADB
The purpose of this paper is to report
on the level of access to formal financial services in the
Kyrgyz Republic, assess the key obstacles to improving
access, and make recommendations to overcome these
obstacles. The paper is organized as follows. Sections II to
IV examine the supply of financial services. Specifically,
section II presents a profile of financial intermediation by
banks, focusing their supply of financial services,
particularly lending and deposits. Section III presents a
profile of lending by Aiyl Bank, a specialized bank with a
limited license, which is mandated to lend for agriculture.
Section IV presents a profile of lending by non-bank
financial institutions (NBFIs), including microfinance
organizations (MFOs) and credit unions. Section V examines
the demand side for financial services, drawing on
enterprise surveys to assess firms' perceptions of
their access to finance. Section VI presents a brief
analysis of the impact of the events of April 2010 on access
to finance. Section VII discusses key obstacles in
increasing access to finance from banks and NBFIs. Section
VIII concludes with policy recommendations that derive from
the preceding analysis.
Link permanente para citações:
From Pawn Shops to Banks : The Impact of Formal Credit on Informal Households
Fonte: World Bank, Washington, DC
Publicador: World Bank, Washington, DC
Tipo: Publications & Research :: Policy Research Working Paper; Publications & Research
ENGLISH; EN_US
Relevância na Pesquisa
66.07%
#ABSENCE OF CREDIT#ACCESS TO BANK#ACCESS TO CAPITAL#ACCESS TO CREDIT#ACCESS TO FORMAL CREDIT#ACCESS TO LOANS#ALTERNATIVE CREDIT#AMOUNT OF DEBT#AVAILABILITY OF CREDIT#BANK BRANCH#BANK BRANCHES
This paper examines the effects of
expanding access to credit on the decisions and welfare of
households. It focuses on the entry of Banco Azteca, the
first bank in Mexico targeting households from the informal
sector. Panel data suggest that informal households in
municipalities with Banco Azteca branches experienced
several changes in their saving, credit and consumption
patterns. In order to estimate the impact of Azteca's
entry, the paper develops a dynamic model of household
choices in which the bank is endogenously selecting the
municipalities for branch openings. The analysis finds that
in municipalities in which the bank entered, households were
better able to smooth their consumption and accumulate more
durable goods even though the overall proportion of
households that save went down by 6.6 percent. These results
suggest that the use of savings as a buffer on income
fluctuations declines once formal credit is available. What
is more, these effects vary across households. Among
informal households...
Link permanente para citações:
Access to Financial Services and the Financial Inclusion Agenda around the World : A Cross-Country Analysis with a New Data Set
Fonte: Banco Mundial
Publicador: Banco Mundial
Tipo: Publications & Research :: Policy Research Working Paper
ENGLISH
Relevância na Pesquisa
66.12%
#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO SAVING#AFFORDABLE FINANCIAL SERVICES#ATM#ATM NETWORK#ATMS#BALANCE SHEETS#BANK ACCESS#BANK ACCOUNT
Recent empirical evidence highlights
that access to basic financial services can make a
substantial positive difference in improving poor
people's lives. Accordingly, financial sector reforms
that promote financial inclusion are increasingly at the
core of policymakers agendas. The Consultative Group to
Assist the Poor and the World Bank Group, in response,
launched the Financial Access project, including a
cross-country database on financial inclusion topics and an
annual report to inform the policy debate. Using this
database, this paper (i) counts the number of unbanked
adults around the world at 56 percent, (ii) analyzes the
state of access to deposit and loan services as well as the
extent of retail networks, and (iii) discusses the state of
financial inclusion mandates around the world.
Link permanente para citações:
Ready for Growth : Solutions to Increase Access to Finance for Women-Owned Businesses in the Middle East and North Africa
Fonte: Washington, DC
Publicador: Washington, DC
Tipo: Publications & Research; Publications & Research :: Working Paper
ENGLISH; EN_US
Relevância na Pesquisa
66.1%
#ACCESS TO CAPITAL#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FINANCING#ACCESS TO INFORMATION#ACCESS TO SERVICES#ACCESS TO TRAINING#ADVANCEMENT OF WOMEN#ADVISORY SERVICES#ANGEL INVESTORS#APPROVAL PROCESS
The Middle East and North Africa (MENA)
region is at one of the most critical turning points in its
modern history. The Arab spring was driven by the desire for
economic opportunity and justice in the face of poverty and
unemployment. The development of strong economies that
enable both women and men to enhance their livelihoods is
crucial for the future of the region. The growth and success
of women-owned businesses is one of the most profound
changes in the business world today. There is no doubt that
women are an emerging market force. However, many
businesswomen are not accessing commercial credit, an
essential driver of business success. Lack of access to
finance and financial services is repeatedly identified as
the major constraint for women business owners. This report
'ready for growth: solutions to increase access to
finance for women-owned business in the Middle East and
North Africa', is designed to shed a light on those
barriers. It is the result of a unique International Finance
Corporation (IFC) partnership with vital voices and the
Middle East and North Africa Businesswomen's Network
(MENA BWN). Its purpose is to fill a critical gap in our
knowledge of what women-owned businesses need in terms of
financial products and services. Building on our knowledge
of how commercial banks currently reach the women's
market...
Link permanente para citações:
Collateral Registries for Movable Assets : Does Their Introduction Spur Firms' Access to Bank Finance?
Fonte: World Bank, Washington, DC
Publicador: World Bank, Washington, DC
Tipo: Publications & Research :: Policy Research Working Paper; Publications & Research
ENGLISH; EN_US
Relevância na Pesquisa
75.94%
#ACCESS TO BANK#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCING#ACCESS TO LOAN#ACCESS TO LOANS#ACCOUNTS RECEIVABLE#ADVERSE SELECTION#ASYMMETRIC INFORMATION#AVAILABILITY OF COLLATERAL#BANK CREDIT
Using firm-level surveys for up to 73
countries, this paper explores the impact of introducing
collateral registries for movable assets on firms'
access to bank finance. It compares firms' access to
bank finance in seven countries that introduced collateral
registries for movable assets against three control groups:
firms in all countries that did not introduce a registry,
firms in a sample of countries matched by location and
income per capita to the countries that introduced
registries for movable assets, and firms in countries that
undertook other types of collateral reforms but did not set
up registries for movable assets. Overall, the analysis
finds that introducing collateral registries for movable
assets increases firms' access to bank finance. There
is also some evidence that this effect is larger among
smaller firms.
Link permanente para citações:
Republic of Moldova Enterprise Access to Finance : Background Note; Moldova - Prioritati de politici pentru dezvoltarea sectorului privat
Fonte: Washington, DC
Publicador: Washington, DC
Tipo: Economic & Sector Work :: Development Policy Review (DPR); Economic & Sector Work
ENGLISH; EN_US
Relevância na Pesquisa
76.13%
#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO FINANCING#ACCESS TO LOANS#ACCOUNTS RECEIVABLES#ADMINISTRATIVE BURDEN#ADVANCED ECONOMY#AFFORDABILITY#AGRICULTURAL SECTOR#ASYMMETRIC INFORMATION
The Government of Moldova is seeking to
change the country's development paradigm and build an
export-oriented economy characterized by investment,
innovation, and competitiveness, following a decade of
'jobless growth'. This report focuses on
improvements that will be needed to move Moldova to the next
stage of development as envisioned in the Moldova 2020
strategy; however, reforms over the past decade also deserve
acknowledgment. Improving the business environment is an
especially important task, given Moldova's low levels
of natural resources and small internal market. This study
aims to identify the most pressing problems in the business
environment that are adversely affecting Moldovan
companies' productivity and competitiveness, and to
present recommendations that would help remove these
obstacles. The analysis is based on a review of existing
reports; interviews with government officials, private
sector associations, a sample of businesses, and some
subject matter experts; as well as original research on
access to finance. This study has identified that the
following aspects of doing business are the most
problematic: customs administration; tax administration;
business regulation...
Link permanente para citações:
Does Access to Finance Matter in Microenterprise Growth? Evidence from Bangladesh
Fonte: World Bank, Washington, DC
Publicador: World Bank, Washington, DC
Tipo: Publications & Research :: Policy Research Working Paper; Publications & Research
ENGLISH; EN_US
Relevância na Pesquisa
76.14%
#ACCESS TO CAPITAL#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCESS TO LOANS#ACCOUNTING#ACTUAL COST#AFFILIATED ORGANIZATIONS#AGRICULTURAL ACTIVITIES#AGRICULTURAL ACTIVITY#AGRICULTURAL BANKS#AGRICULTURAL ECONOMICS
In less-developed economies such as
Bangladesh, the farm sector is the major source of
employment and income, while the rural nonfarm sector
provides as an additional source of income. But the rural
nonfarm sector increasingly plays an important role in
fostering the development of the rural economy. A
significant share of this sector is made up of
microenterprise activities, which requires investment and
access to adequate funds. This paper investigates the role
access to finance plays in promoting the efficiency and
growth of microenterprise activities. The findings suggest
that households engaged in microenterprise activities, in
addition to farm and other nonfarm activities, are much
better off (in terms of income, expenditure and poverty)
than those not engaged in such activities. Fewer than 10
percent of the enterprises have access to institutional
finance (formal banks or microcredit), although the rate of
return on microenterprise investments is more than
sufficient (36 percent per year) to repay institutional
loans. The research suggests that credit constraints may
reduce the enterprises' profit margin by as much as
13.6 percent per year. As the returns to microenterprise
investment are found to be high...
Link permanente para citações:
Cambodia : Study on Access to Financial Services for Small and Medium Agribusiness Enterprises in Cambodia
Fonte: Washington, DC
Publicador: Washington, DC
Tipo: Economic & Sector Work :: Other Financial Sector Study
ENGLISH; EN_US
Relevância na Pesquisa
66.04%
#ACCESS TO CREDIT#ACCESS TO FINANCE#ACCESS TO FINANCIAL SERVICES#ACCOUNT HOLDERS#ACCOUNTING#ACCOUNTING STANDARDS#ACCOUNTING SYSTEMS#ACCOUNTS RECEIVABLE#ADVISORY SERVICES#AFFORDABILITY#AGRICULTURAL COMMODITIES
Agriculture has been a mainstay of the
Cambodian economy. It has seen significant growth throughout
the 2000s and showed a significant resilience against
external shocks during the 2008-09 economic and financial
crises. Agribusiness enterprises do not operate in isolation
from the rest of the economy. The state of production of
agricultural raw materials, the state of the financial
sector, and the nature of the financial sector's
engagement with the real sector activities, as well as
broader issues that affect private sector development all
impact the development of the agribusiness sector. The
current study seeks to analyze some of these linkages. It
focuses specifically on the role the financial sector has
played in the growth and development of the agribusiness
sector. The study builds on the existing analytical work on
agricultural and small and medium enterprise (SME) finance
in Cambodia. The study was carried out in three major
phases. The first phase was to determine a methodology to
gather new information on linkages between agribusinesses
and financial institutions. The second phase involved a
survey of financial institutions (banks...
Link permanente para citações:
Psychometrics as a Tool to Improve Screening and Access to Credit
Fonte: World Bank, Washington, DC
Publicador: World Bank, Washington, DC
Tipo: Working Paper; Publications & Research :: Policy Research Working Paper; Publications & Research
ENGLISH; EN_US
Relevância na Pesquisa
75.99%
#BUSINESS OWNERS#CREDIT MARKETS#ALTERNATIVE CREDIT#SMALL-BUSINESS LOAN#BARRIERS TO GROWTH#ECONOMIC GROWTH#DEPOSITS#PEOPLE#FINANCING#FORMAL FINANCIAL INSTITUTIONS#LOAN PERFORMANCE
This paper studies the use of
psychometric tests, which were designed by the
Entrepreneurial Finance Lab as a tool to screen out high
credit risk and potentially increase access to credit for
small business owners in Peru. The analysis uses
administrative data covering the period from June 2011 to
April 2014 to compare debt accrual and repayment behavior
patterns across entrepreneurs who were offered a loan based
on the traditional credit-scoring method versus the
Entrepreneurial Finance Lab tool. The paper finds that the
psychometric test can lower the risk of the loan portfolio
when used as a secondary screening mechanism for already
banked entrepreneurs—that is, those with a credit history.
For unbanked entrepreneurs—those without a credit
history—using the Entrepreneurial Finance Lab tool can
increase access to credit without increasing portfolio risk.
Link permanente para citações: