Reforming collateral laws to expand access to finance / Heywood Fleisig, Mehnaz Safavian, Nuria de la Peña.
Most readers, especially those with car loans or home mortgages, know about "collateral"--Property that the lender can take away from the borrower in the event that the borrower defaults. In low/middle income countries, it is understood that conservative lenders exclude firms from credit m...
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Full Text (via Open Knowledge Repository) |
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| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
World Bank,
©2006.
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| Series: | World Bank e-Library.
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| Subjects: |
| Summary: | Most readers, especially those with car loans or home mortgages, know about "collateral"--Property that the lender can take away from the borrower in the event that the borrower defaults. In low/middle income countries, it is understood that conservative lenders exclude firms from credit markets with their excessive collateral requirements. Usually, this is because only some property is acceptable as collateral: large holdings of urban real estate and, sometimes, new motor vehicles. Microenterprises, SMEs, and the poor have little of this property but they do have an array of product. |
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| Physical Description: | 1 online resource |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9780821364901 0821364901 082136491X 9780821364918 142379981X 9781423799818 6610547726 9786610547722 1280547723 9781280547720 |
| Language: | English. |
| Host Item Entry: | T World Bank e-Library |