Trust – An Essential Element & Pillar of Micro Finance

Vrajlal Sapovadia

MPRA Paper from University Library of Munich, Germany

Abstract: All business runs and flourish on trust amongst key players. Trust is essential and important for any business, but for micro finance, the trust is critical. Micro entrepreneurs are less privileged and hence creditors should look not only from eye of lender but tutelage. The building confidence in the entrepreneur help business. This paper discusses the way how trust is important and ways to enhance the trust.

Keywords: Micro Finance; Trust; Pillars of success (search for similar items in EconPapers)
JEL-codes: A13 A14 G23 (search for similar items in EconPapers)
Date: 2003-06-20, Revised 2014-04-29
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:55604

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