Secured credit and micro-enterprises - uncitral
Secured credit and micro-enterprises - uncitral
Secured credit and micro-enterprises - uncitral
SHOW LESS
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Introduction: <strong>Secured</strong> <strong>credit</strong> <strong>and</strong><br />
entrepreneurial activity<br />
What is the function of secured <strong>credit</strong>?<br />
Competing explanations:<br />
-Risk reduction<br />
-Reduction of<br />
monitoring costs<br />
-Signaling<br />
-Bonding<br />
3
Change language