Credit Provision for the Poor: Testing the Theoretical Realm of the Social-Institutional Basis of the Success of Small-Scale Financial Institutions in Africa
Abstract:Do creative institutional design and social networks of poverty reduction programs in impoverished countries lower access and transaction costs for the poor and service providers? This question, while important for all impoverished countries, draws particular interest in the African context because there is too much emphasis on whether and why these programs work and not how programs should work in societies that are characterized by uncertainty, hostility to the interests of the poor, and unpredictability in … Show more
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