Does Access to Finance Matter in Microenterprise Growth? Evidence from Bangladesh

In less-developed economies such as Bangladesh, the farm sector is the major source of employment and income, while the rural nonfarm sector provides as an additional source of income. But the rural nonfarm sector increasingly plays an important ro...

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Bibliographic Details
Main Authors:	Khandker, Shahidur R., Samad, Hussain A., Ali, Rubaba
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ACCESS TO CAPITAL ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO LOANS ACCOUNTING ACTUAL COST AFFILIATED ORGANIZATIONS AGRICULTURAL ACTIVITIES AGRICULTURAL ACTIVITY AGRICULTURAL BANKS AGRICULTURAL ECONOMICS AGRICULTURE BANK LOAN BANK LOAN GUARANTEES BANK LOANS BIDS BORROWER BORROWING CAPITAL ASSETS CAPITAL GRANTS CAPITAL STOCKS CAPITALS COLLATERAL FOR BANK LOAN COMMERCIAL BANK COMMERCIAL BANK LOANS COMMERCIAL BANKS COMMUNITY REINVESTMENT CONSUMER GOODS CONSUMPTION EXPENDITURE CORPORATE FINANCE COST OF CAPITAL COST OF RENT CREDIT ACCESS CREDIT CONSTRAINT CREDIT CONSTRAINTS CREDIT MARKET CREDIT PROGRAM CREDIT PROGRAMS CREDITORS DEPOSITORS DEVELOPING COUNTRIES DEVELOPMENT BANKS DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DIMINISHING RETURNS DUMMY VARIABLES DURABLE DURABLE GOODS EARNINGS ECONOMETRIC ANALYSIS ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH ELASTICITY EMPLOYMENT OPPORTUNITIES ENTERPRISE GROWTH ENTERPRISE OPERATIONS ENTREPRENEURS ENTREPRENEURSHIP EXOGENOUS VARIABLES EXPECTED RETURN EXPECTED RETURNS EXPENDITURE EXPENDITURES EXTREME POVERTY FARM MACHINERY FEDERAL RESERVE FEDERAL RESERVE BANK FEDERAL RESERVE BANK OF NEW YORK FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIATION FINANCIAL LITERACY FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FIXED ASSETS FORMAL BANKS FORMAL FINANCIAL INSTITUTIONS GOVERNMENT REGULATIONS GROWTH OPPORTUNITIES GROWTH RATE GROWTH THEORY HOUSEHOLD BUSINESSES HOUSEHOLD INCOME HOUSEHOLD WEALTH HOUSEHOLD WELFARE HOUSEHOLDS HUMAN CAPITAL INCOME GROWTH INDUSTRIALIZATION INFORMAL LENDERS INFORMAL LOANS INHERITANCE INITIAL INVESTMENT INSTALLMENTS INSTITUTIONAL CREDIT INSTITUTIONAL LOANS INTEREST INCOME INTEREST PAYMENT INTEREST RATE INTEREST RATES INTERNATIONAL BANK INVENTORIES INVENTORY INVESTMENT CLIMATE INVESTMENT DECISIONS LABOR MARKETS LACK OF ACCESS LACK OF COLLATERAL LEGAL CONSTRAINTS LENDER LIVING STANDARD LOAN LOAN GUARANTEES LOANS FROM FAMILY LOANS FROM FRIENDS LOCAL GOVERNMENT MARGINAL PRODUCT MARGINAL RATE OF RETURN MFI MFIS MICRO ENTERPRISE MICRO-ENTERPRISE MICRO-ENTERPRISES MICRO-ENTREPRENEUR MICRO-ENTREPRENEURS MICROCREDIT MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR MONEY LENDERS MONEYLENDERS OPERATING COST OPPORTUNITY COST OUTREACH PAWN PAWN SHOPS PENSION PER CAPITA INCOME PERSONAL SAVINGS PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MARGIN PROFITABILITY PROPERTY RIGHTS RATE OF RETURN RATES OF INTEREST RATES OF RETURN RATES OF RETURNS REAL ESTATE RECEIPT REGULATORY AUTHORITY REGULATORY BARRIERS REMITTANCE REPAYMENT REPAYMENT SCHEDULE REPAYMENTS RESOURCE ALLOCATION RETAIL TRADING RETURN ON ASSETS ROA SAFETY NET SAVINGS SELF-EMPLOYMENT SMALL LOANS SOURCE OF INCOME SOURCES OF INCOME START-UP START-UP CAPITAL STARTUP CAPITAL SURPLUS LABOR TELECOMMUNICATIONS TELECOMMUNICATIONS EQUIPMENT TRADE SECTOR TRADE SECTORS TRADING TRANSACTION TRANSACTION COSTS TRANSPORT URBAN AREAS VALUE OF ASSETS VARIABLE COSTS VILLAGE VILLAGES VULNERABLE GROUP WORKING CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2013/01/17196485/access-finance-matter-microenterprise-growth-evidence-bangladesh http://hdl.handle.net/10986/12156