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Indirect Microcredit Programs: The Use and Potential of Guarantees in Microcredit
SSRN Electronic Journal, 2015The aim of the paper is to introduce and clarify the financial and non-financial characteristics of microcredit programs based on a credit guarantee. We call these programs, which are widespread in Europe, Indirect Microcredit Programs (IMPs) because they use an indirect microcredit model.
Giorgio Di Maio, Paolo Landoni
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Microcredit in Prefamine Ireland
Explorations in Economic History, 1997Abstract Hundreds of independent, local, quasi-charitable microcredit societies, or “loan funds,” were lending to as many as 20% of Irish households in the mid-19th century. Their goal was to relieve poverty by providing credit to the “industrious poor” at competitive interest rates without public funding.
Aidan Hollis, Arthur Sweetman
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Microcredit is a prominent sector in the field of sustainable development finance. This article addresses the lessons learned in its rise and fall over thirty years. It examines the conceptual barriers as a result of its commercialisation, driven by the underlying neoliberal paradigm: the asymmetric debt relationship, the use of an arbitrary poverty ...
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