Demand Side Analysis of Microlending Markets in Germany

Alexander Kritikos, Christoph Kneiding () and Claas Christian Germelmann ()
Additional contact information
Christoph Kneiding: LFS Financial Systems
Claas Christian Germelmann: Saarland University

No 4292, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate on the question of whether an uncovered demand for microlending services exists. The present pilot study explores customer preferences for microlending products in Germany. Among the interviewed business owners, 15% reported revolving funding needs and an interest in microloans. We find that potential recipients of microloan products are retail business owners, foreign business owners, and persons who had previously received private loans. Furthermore, financial products should feature rapid access to short-term loans.

Keywords: entrepreneurship; microlending; market research (search for similar items in EconPapers)
JEL-codes: D12 G21 M31 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2009-07
New Economics Papers: this item is included in nep-eec, nep-ent, nep-mfd and nep-mkt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published - published in: Jahrbücher für Nationalökonomie und Statistik, 2009, 229 (5), 523-543

Downloads: (external link)
https://docs.iza.org/dp4292.pdf (application/pdf)

Related works:
Journal Article: Demand Side Analysis of Microlending Markets in Germany (2009)
Working Paper: Demand Side Analysis of Microlending Markets in Germany (2009)
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:iza:izadps:dp4292

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().