Reforming collateral laws to expand access to finance / Heywood Fleisig, Mehnaz Safavian, Nuria de la Peña.
Most readers, especially those with car loans or home mortgages, know about "collateral"--Property that the lender can take away from the borrower in the event that the borrower defaults. In low/middle income countries, it is understood that conservative lenders exclude firms from credit m...
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