before. This article describes urban solidarity-group lending in Latin America, and evaluates the success of such attempts in terms of project efficiency and of benefits to the borrowers. The evidence is that a number of long-standing micro-lending projects have achieved reasonable efficiency
levels, even though evidence of changes brought about by the loans in the borrowers' enterprises is difficult to come by, and suggests quite modest improvements.
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- Development impact bonds: learning from the Asháninka cocoa and coffee case in Peru
- New approaches to MSME lending: challenging traditional credit assessment models in electronic cash-flow environments