Microfinance and Microenterprises’ Financing Constraints in Eastern Europe and Central Asia

Valentina Hartarska (), Denis Nadolnyak and Thomas McAdams

Chapter 2 in Microfinance in Developing Countries, 2013, pp 22-35 from Palgrave Macmillan

Abstract: Abstract We study whether microfinance institutions (MFIs) have improved the availability of credit to microenterprises in Eastern Europe and Central Asia (ECA) in the first half of the past decade. Our approach is different from that of a typical microfinance impact study, which focuses on evaluating social or economic impact of a single MFI (or product). Our motivation is closer to the financial sector development microfinance ‘schism’ that requires MFIs to lend to poor entrepreneurs who already have the skills and the markets but lack credit (Conning, 1999). Countries in the ECA region are appropriate for such an approach because, during the study period, they had an educated but impoverished population and limited credit supply.

Keywords: Internal Fund; Economic Freedom; Investment Opportunity; Credit Union; Financing Constraint (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30192-5_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137301925

DOI: 10.1057/9781137301925_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().