Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs
Credit Management Services Limited (CMS) was established in 1992 as a subsidiary of Molver and Company, a Zambian accounting company. It provides lending services through four schemes. This Action Research best practice study focuses on micro-credi...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1999/05/1574612/zambias-credit-management-services-micro-credit-schemes-women-enterpreneurs http://hdl.handle.net/10986/9867 |
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okr-10986-98672021-04-23T14:02:47Z Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs Amuah, Alexander ACCOUNTING BORROWING CONTRACT ENFORCEMENT CREDIT MANAGEMENT CREDIT SCHEMES DEPOSITS EMPLOYMENT INFLATION INTEREST INCOME LENDING SERVICES LOAN LOAN AGREEMENTS LOAN AMOUNT LOAN GUARANTEE LOAN REPAYMENT MICROFINANCE OPERATING COSTS PORTFOLIO DIVERSIFICATION POS PROFITABILITY REVOLVING CREDIT REVOLVING FUND REVOLVING FUNDS SAVINGS SUBSIDIARY MICROCREDITS MICRO-CREDIT PROGRAMS WOMEN IN BUSINESS WOMEN ENTREPRENEURS PARTICIPATORY PROCESS MICROCREDITS MANAGEMENT INFORMATION SYSTEMS CONTRACT ENFORCEMENT LOAN SIZE RURAL FINANCE WOMEN'S ORGANIZATIONS Credit Management Services Limited (CMS) was established in 1992 as a subsidiary of Molver and Company, a Zambian accounting company. It provides lending services through four schemes. This Action Research best practice study focuses on micro-credit schemes for women entrepreneurs. CMS lends to members of existing women's clubs. The success of CMS is to a large extent attributable to its innovative approach to micro-credit delivery -- portfolio diversification, use of existing institutions, transparent MIS, and regular club meetings. The CMS management has learned these lessons: a) high potential for rural savings, b) close supervision improves performance; c) women are a lower credit risk; d) the value of strict contract enforcement; and e) critical minimum loan size. 2012-08-13T09:44:48Z 2012-08-13T09:44:48Z 1999-05 http://documents.worldbank.org/curated/en/1999/05/1574612/zambias-credit-management-services-micro-credit-schemes-women-enterpreneurs http://hdl.handle.net/10986/9867 English Africa Region Findings & Good Practice Infobriefs; No. 135 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa Zambia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING BORROWING CONTRACT ENFORCEMENT CREDIT MANAGEMENT CREDIT SCHEMES DEPOSITS EMPLOYMENT INFLATION INTEREST INCOME LENDING SERVICES LOAN LOAN AGREEMENTS LOAN AMOUNT LOAN GUARANTEE LOAN REPAYMENT MICROFINANCE OPERATING COSTS PORTFOLIO DIVERSIFICATION POS PROFITABILITY REVOLVING CREDIT REVOLVING FUND REVOLVING FUNDS SAVINGS SUBSIDIARY MICROCREDITS MICRO-CREDIT PROGRAMS WOMEN IN BUSINESS WOMEN ENTREPRENEURS PARTICIPATORY PROCESS MICROCREDITS MANAGEMENT INFORMATION SYSTEMS CONTRACT ENFORCEMENT LOAN SIZE RURAL FINANCE WOMEN'S ORGANIZATIONS |
| spellingShingle |
ACCOUNTING BORROWING CONTRACT ENFORCEMENT CREDIT MANAGEMENT CREDIT SCHEMES DEPOSITS EMPLOYMENT INFLATION INTEREST INCOME LENDING SERVICES LOAN LOAN AGREEMENTS LOAN AMOUNT LOAN GUARANTEE LOAN REPAYMENT MICROFINANCE OPERATING COSTS PORTFOLIO DIVERSIFICATION POS PROFITABILITY REVOLVING CREDIT REVOLVING FUND REVOLVING FUNDS SAVINGS SUBSIDIARY MICROCREDITS MICRO-CREDIT PROGRAMS WOMEN IN BUSINESS WOMEN ENTREPRENEURS PARTICIPATORY PROCESS MICROCREDITS MANAGEMENT INFORMATION SYSTEMS CONTRACT ENFORCEMENT LOAN SIZE RURAL FINANCE WOMEN'S ORGANIZATIONS Amuah, Alexander Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs |
| geographic_facet |
Africa Zambia |
| relation |
Africa Region Findings & Good Practice Infobriefs; No. 135 |
| description |
Credit Management Services Limited (CMS)
was established in 1992 as a subsidiary of Molver and
Company, a Zambian accounting company. It provides lending
services through four schemes. This Action Research best
practice study focuses on micro-credit schemes for women
entrepreneurs. CMS lends to members of existing women's
clubs. The success of CMS is to a large extent attributable
to its innovative approach to micro-credit delivery --
portfolio diversification, use of existing institutions,
transparent MIS, and regular club meetings. The CMS
management has learned these lessons: a) high potential for
rural savings, b) close supervision improves performance; c)
women are a lower credit risk; d) the value of strict
contract enforcement; and e) critical minimum loan size. |
| format |
Publications & Research :: Brief |
| author |
Amuah, Alexander |
| author_facet |
Amuah, Alexander |
| author_sort |
Amuah, Alexander |
| title |
Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs |
| title_short |
Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs |
| title_full |
Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs |
| title_fullStr |
Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs |
| title_full_unstemmed |
Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs |
| title_sort |
zambia's credit management services : micro-credit schemes for women enterpreneurs |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1999/05/1574612/zambias-credit-management-services-micro-credit-schemes-women-enterpreneurs http://hdl.handle.net/10986/9867 |
| _version_ |
1764410953886072832 |