Synergies through Linkages: Who Benefits from Linking Micro-Finance and Business Development Services?
Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت) World Development, Volume 35, Issue 8, August 2007, Pages 1341–1358
مالی خرد؛ شرکت های کوچک؛ BDS؛ آفریقا؛ آسیا؛ آمریکای لاتین
Access to both financial and business development services (BDS) can aid the growth of micro and small enterprises. Early efforts to combine or “link” these two types of services proved unsuccessful, however. BDS was supply driven, of poor quality, and often confined to management training. A renewed interest in linking services is driven both by a concern that “credit is not enough” to generate bottom-up poverty reduction and by a new approach to BDS. Business services must be demand driven, managed in a sustainable manner, and diversified beyond management training. For success, linkages must provide benefits to the three key actors involved: enterprises, BDS providers, and micro-finance institutions. Thirty linked programs are analyzed using a six-part typology.