MICROFINANCE AND FINANCING OF MICRO-ENTREPRENEURSHIP IN BURUNDI

Financing Constraints and Entrepreneurship

Promoting Entrepreneurship in Nigeria through Microfinance

Economic prosperity, defined as a movement of people from the economic poor class to the economic middle or rich class of a society, in Africa has been achieved by a few countries. However, most countries, like Nigeria are left still chasing that elusive goal. Entrepreneurs, who spur economic growth in a society, are lacking in Nigeria. Steps taken by the Nigerian government to encourage entrep...

Financing Medicines through Microfinance: Successes and Challenges

Objective: The objective of this paper is to understand the scope of microfinance institutions (MFI) in financing medicine for health seeker of low economic strata people. The various challenges faced by the microfinance services providers in health and medicine in particular. Some Asian countries have been chosen to observe the medicine coverage strategies. This paper will use the data from na...

Financing Entrepreneurship and the Old-Boy Network

We study entrepreneurs’ start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan terms. We show that there are winners and losers as a result of the network even among its members. Becau...

Financing Constraints and Selection into Entrepreneurship

There is growing belief that countries with better financing environments are associated with higher economic growth because they facilitate entrepreneurship and hence the Schumpeterian process of 'creative destruction'. This dissertation explores this hypothesis in more detail by understanding how the financing environment for new ventures impacts outcomes such as individuals' decision to beco...