Zambia's Credit Management Services : Micro-Credit Schemes for Women Enterpreneurs

• Tác giả: Alexander Amuah
• Ngôn ngữ: eng
• Ký hiệu phân loại: 372.96 Elementary education
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 317468
• Chủ đề: 1. ACCOUNTING; 2. BORROWING; 3. CONTRACT ENFORCEMENT; 4. CREDIT MANAGEMENT; 5. CREDIT SCHEMES

Tóm tắt

 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.