Leveraging informal lending mechanisms to facilitate technology transfer and microenterprise in developing countries

被引:7
作者
Hansen, Kory [1 ,2 ]
Kim, Jin Ju [1 ,2 ]
Suffian, Stephen [1 ,3 ]
Mehta, Khanjan [1 ]
机构
[1] Penn State Univ, HESE Program, University Pk, PA 16802 USA
[2] Penn State Univ, Sch Int Affairs, University Pk, PA 16802 USA
[3] Villanova Univ, Sustainable Engn Program, Villanova, PA 19085 USA
关键词
Social capital; Informal lending; Technology transfer; ROSCA; Micro enterprise;
D O I
10.1016/j.techsoc.2014.12.001
中图分类号
D58 [社会生活与社会问题]; C913 [社会生活与社会问题];
学科分类号
摘要
This article discusses how Rotating Savings and Credit Associations (ROSCAs or merry-go-rounds) can concurrently overcome four challenges faced by small enterprises in developing communities: access to financial capital, technology transfer, vertical and lateral knowledge transfer, and reliable market linkages. Based on primary data from Kenya, three models of partnership between ROSCAs and diverse external organizations are presented and compared against each other. These approaches are designed to help ROSCA groups engage in small enterprises, while creating business opportunities for agricultural technology manufacturers and the formal banking industry. The ultimate purpose of such collaborations is to improve rural livelihoods, strengthen food value chains, and foster food security. (C) 2014 Elsevier Ltd. All rights reserved.
引用
收藏
页码:65 / 75
页数:11
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