The smooth operation of the loans released cannot be guaranteed since under certain circumstances, whether intentionally or inadvertently, debtor breaks his word, making it difficult for Bank BRI Salobulo Kota Palopo to accept return that have been given. This study aims determine strategy carried out by Unit in dealing with KUR Micro credit defaults and causes solutions handling strategy. type...

Abstract This study contributes to the micro‐credit literature by addressing lack of philosophical dialogue concerning issue trust between NGOs and rural poor women. The demonstrates that one root causes NGOs’ contested roles in Bangladesh is norm they use (i.e., trust) rationalize their activities. I argue Bangladeshi village women not genuine because resort group responsibility sustained thro...

Barter in Russia can be explained by firms liquidity constraint: it is strongly correlated with financial tightness. However a micro-economic analysis reveals that the rationale behind this liquidity constraint is different according to the firm situation. For firms in a good economic situation, but faced with adverse selection problem and having no access to bank credit, barter acts as a subst...

This paper explores empirical linkages between credit unions’ (CUs’) policies and their financial perfomance, as measured by loan delinquency and profitability, using a unique micro dataset of credit unions in three Latin American countries. The estimated translog profit function is generalized using a slack variable concept that parameterizes any systematic deviation from profitmaximizing beha...

The general perception of Islamic finance is that it prohibits the practice of paying and receiving interest, but Islamicfinance is much broader than interest rate prohibition. Islamic financial services can be viewed as a set of financialservices which are diversified based on the needs of society.Since in THE Iranian Economy most of the enterprises are micro and/or small, micro financing seem...

This article aims to identify the determinants of financing microenterprises in Burundi by microfinance institutions. Using logit model and exploiting data from loan portfolios Burundian institutions, econometric analysis reveals that is strongly correlated with characteristics these and/or those their micro-entrepreneurs on one hand, nature guarantee presented when applying for credit other ha...

Micro-enterprise credit programs are coming to be seen as an important innovation in economic development both in developing countries and, more recently, in the United States. The Grameen Bank in Bangladesh has been operating a decentralized village credit program since 1976 which has achieved impressive results making non-collateralized loans to the rural poor. Currently, a handful of organiz...

While emerging economies have seen an explosion of social network site (SNS) adoption, these countries lack sophisticated credit scoring system or credit bureaus to predict creditworthiness of individuals. In this paper, we propose an SNS-based credit scoring method for micro loans using largescale observational data. We show empirical evidence that by incorporating social network metrics, we c...

We re-examine the evidence on the relationship between credit spreads and economic activity, by constructing a credit spread index based on an extensive micro-level data set of secondary market prices of outstanding senior unsecured corporate bonds over the 1973–2009 period. Compared with the standard default-risk and other financial indicators, our credit spread index is a robust predictor of ...

This paper assesses the effect of the recent economic and sovereign debt crisis on credit demand and supply and the terms and conditions of bank financing for small and medium enterprises (SMEs) across euro area countries. We combine firm micro data with real and financial macroeconomic variables to examine which factors are important for supply and which for demand. We find that real economic ...