The Determinants of Expansion of SMEs under a Partial Credit Guarantee Scheme: The Case of Lebanon

Serena Canaan ()
Additional contact information
Serena Canaan: American University of Beirut

No 624, Working Papers from Economic Research Forum

Abstract: The aim of this paper is to assess the impact of the Lebanese credit guarantee scheme (Kafalat). We will test whether or not Kafalat is able to establish a continuous lending relationship with its clients. The study relies on an exceptional dataset of 6,888 loan guarantee applications, which we are the first to have access to. The dataset, which Kafalat has made available to us, contains all applications for loan guarantees received by Kafalat since its establishment in 2000 until December 2009. We are unable to find evidence of a continuous lending relationship between Kafalat and its clients. We also determine that, even among repeat customers, multiple borrowing is not due to the establishment of a continuous relationship with Kafalat but simply an extension of previous loans.

Pages: 25
Date: 2011-01-09, Revised 2011-01-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published by The Economic Research Forum (ERF)

Downloads: (external link)
http://erf.org.eg/wp-content/uploads/2014/08/624.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://erf.org.eg/wp-content/uploads/2014/08/624.pdf [301 Moved Permanently]--> https://erf.org.eg/wp-content/uploads/2014/08/624.pdf)
http://bit.ly/2mmwLZ3 (text/html)

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:erg:wpaper:624

Access Statistics for this paper

More papers in Working Papers from Economic Research Forum Contact information at EDIRC.
Bibliographic data for series maintained by Namees Nabeel ().