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access to finance

Kiva-mongering

Ryan Hahn's picture

David Roodman, a fellow at the Center for Global Development, set off a storm with a post on the popular microfinance organization Kiva. Many lenders on the sight probably had the impression this was a peer-to-peer lending sight, but David reveals this is not quite so. Kiva connects lenders to microfinance institutions, not individual microentrepreneurs.

Bringing Finance to Pakistan's Poor

Yesterday I attended the World Bank's book launch of Bringing Finance to Pakistan's Poor: Access to Finance for Small Enterprises and the Underserved. The authors, Tatiana Nenova and Ceclie Thioro Niang, interviewed 10,000 households from across Pakistan's geographic and socio-economic landscape, including both men and women.

Informal Sector Comparison: Manufacturing vs Services

Mohammad Amin's picture

I have been comparing the differences between manufacturing and services firms in the informal or unregistered sector. There is a rich literature on how and why these firms differ, but it is based on firms in the formal or registered sector. It’s a moot point whether differences between manufacturing and service firms in the formal sector also hold for the informal sector. For example, differences in scale economies between service and manufacturing firms are known to be important for the formal sector, but this is not immediately obvious when comparing these firms in the informal sector.

“Unwilling” Entrepreneurs

Mohammad Amin's picture

The common perception of the informal sector is that unregistered businesses are not as efficient as registered or formal businesses. One proposed reason for this is that, by not being registered, informal businesses face severe hardships in accessing finance, markets, public services and government programs. Hence, the usual policy response to informality is simple: try and encourage informal businesses to register.

China's revolution in access to finance

Ryan Hahn's picture

China looks set to see a boom in access to finance since the passage in 2007 of the Property Rights Law. Last week, the Financial Times reported on the newfound ability of farmers to monetise their land. Some farmers are selling to larger, more efficient companies, while others are taking advantage of the opportunity to use their land as collateral:

The access to finance triple whammy

Ryan Hahn's picture

For those who are excited by new datasets (come on, I know you're out there...), these last few weeks have been a bonanza. One month ago, the World Bank Group released the Financial Infrastructure report, which provides cross-country measurements of core financial institutions such as credit bureaus and payment systems.

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