What Microenterprise Credit Programs Can Learn from the Moneylenders
By Robert Peck Christen - Published: 1989
Although moneylenders are perceived as exploitative sources of credit, they can provide useful financial lessons that can be applied to microenterprise programs. This discussion paper focuses on financial and economic factors in informal lending that lower the costs of borrowing for the microentrepreneur and result in greater income for the lender.
