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Financing of Micro and Small Enterprises in China: An Exploratory Study
Author(s) -
Chan Sow Hup,
Lin Jason Jianxiong
Publication year - 2013
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.1949
Subject(s) - unbanked , loan , microfinance , china , financial inclusion , business , finance , financial services , financial system , economics , economic growth , political science , law
The financing predicaments of micro and small enterprises (MSEs) — such as MSE owners requiring lower credit costs, longer loan repayment periods, monthly loan repayments, and more diverse security methods to reduce access barriers — suggest a need for financial inclusion of the unbanked and a future for the microfinance industry in China.