Do subsidised small loans work?: Lessons from Lazio’s Small Credit Fund
收藏官方服务:
资源简介:
Micro and small enterprises (MSEs) often face persistent difficulties in accessing external finance, particularly small scale, long term loans. In many regions, including Lazio, private banks are reluctant to supply this segment of the market because the fixed administrative costs of small loans are high relative to expected returns. As a result,...



