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Secured credit and micro-enterprises - uncitral

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Conclusion<br />

o <strong>Secured</strong> Transactions Law as a public<br />

good<br />

o “Functional approach”<br />

o Benefits all kinds of <strong>enterprises</strong><br />

o Minor adaptations for <strong>micro</strong><strong>enterprises</strong><br />

o But <strong>micro</strong><strong>enterprises</strong> have other<br />

challenges: transparency, financial<br />

consumer protection, collection<br />

practices, insolvency<br />

17

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