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Mwanamambo, Brian; Salin, Victoria; Mukumbuta, Likando. |
Microfinance has been celebrated in the last decade as a new paradigm shift in lending that has achieved immense success in improving the living standards of the poor through the provision of financial services. Institutions involved in microfinance around the world have used innovative loan contract mechanisms to profitably lend to the poor and achieve very high repayment rates while allowing the borrowers to profit and grow their enterprises. While high repayment rates have been realized by microfinance institutions focused on lending to consumers and to retail-type micro enterprises, few microfinance institutions focused on lending to agricultural producers have achieved comparable success. This article compares the mechanisms employed by major... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
Ano: 2007 |
URL: http://purl.umn.edu/9822 |