Impact of a Partial Portfolio Credit Guarantee for Women-Owned Firms on Credit Supply and Access to Credit in Burkina Faso

2021 ◽  
Author(s):  
Andrew Brudevold-Newman ◽  
DIEGO UBFAL
Keyword(s):  
Burkina Faso ◽  
Credit Guarantee ◽  
Access To Credit ◽  
Credit Supply

scholarly journals Discussion: Challenges of Entering and Succeeding in Southeastern Agriculture: Access to Credit, Supply Chains, and Consumers

2013 ◽  
Vol 45 (3) ◽  
pp. 519-522
Author(s):  
Kelly Lange
Keyword(s):  
United States ◽  
Southeastern United States ◽  
Agricultural Producers ◽  
Access To Credit ◽  
Credit Supply ◽  
The Third ◽  
Challenges And Opportunities ◽  
Increasing Demand ◽  
Beginning Farmers ◽  
Insight Into

The three articles in this invited paper session investigate challenges and opportunities for agricultural producers in the southeastern United States. Two of the articles focus on the increasing demand for locally produced food and offer insight into potential marketing opportunities that this growing demand may provide for beginning or young farmers. The third article centers on financing options that are available to beginning farmers and evaluates the use of Aggie Bonds as a financing source for beginning farmers.

scholarly journals CREDIT ACCESSING AND FAMILY FARMING: AN EVIDENCE FROM BURKINA FASO

2021 ◽  
Vol 3 (2) ◽  
pp. 24-49
Author(s):  
Mahamadi Nanéma ◽  
Dr. Théophile Bindeouè Nassè ◽  
Pr. Alidou Ouédraogo
Keyword(s):  
Burkina Faso ◽  
Rural Areas ◽  
Agricultural Sector ◽  
Microfinance Institutions ◽  
Family Farms ◽  
Family Farming ◽  
Access To Credit ◽  
Family Farmers ◽  
Financing Mechanism

This research focuses on the issue of financing family farms in Burkina Faso. To this end, a survey of 275 family farms was carried out in 2020. The research results revealed that the needs of family farms are not completely satisfied. The credits granted mainly concern small amounts. Productive investments which constitute medium and long-term investments capable of inducing significant improvements in agricultural production are almost unsatisfactory. Moreover, analyzes have shown that income determines access to credit. This factor reflects at a certain level the capacity of family farmers to provide the financial guarantees required by microfinance institutions. The current conditions of banks do not favor the development of the agricultural sector and the improvement of the living conditions of the populations in rural areas. It is, therefore, necessary to rethink the financing of agricultural activities and to define a long-lasting and sustainable financing mechanism. Keywords: Credit Accessing, Family Farming, Financing, Burkina Faso.

scholarly journals An International Comparison on Excessive Credit Expansion, Credit Guarantee Programs and The Risks Arising

2020 ◽  
Vol 23 (1) ◽  
pp. 83-102
Author(s):  
K. Batu Tunay ◽  
Hasan F. Yuceyılmaz ◽  
Ahmet Çilesiz
Keyword(s):  
Economic Growth ◽  
Banking Sector ◽  
The Other ◽  
Credit Expansion ◽  
Credit Guarantee ◽  
Credit Supply ◽  
Other Hand ◽  
Credit Guarantees ◽  
Public Credit ◽  
Credit Gap

Crediting in the banking sector plays an important role in all developed and developing countries. For this reason, it is monitored continuously by public authorities and measures are taken to control credit supply in economic growth periods. On the other hand, in an economic slowdown, when banks are reluctant to increase their credit portfolio, public credit guarantee programs are put into use to increase the credit supply. In this study, a sample covering 26 advanced and emerging economies was analyzed, and the effects of credit gap, credit guarantees and economic growth on credits and arising credit risks were investigated. The findings show that both credits and non-performing loans, an important measure of credit risk, are affected by credit gap, credit guarantees, and economic growth. On the one hand, public credit guarantees positively affect economic growth. On the other hand, though they are widely used for supporting small and medium-sized enterprises, our findings suggest that such expansive credit policies might negatively affect the riskiness of the credit portfolios and soundness of the banking sector.

scholarly journals Technical Efficiency Analysis of Millet Production in the Sahel Region of Burkina Faso

2020 ◽  
Vol 11 (1(S)) ◽  
pp. 10-18
Author(s):  
Windinkonté SEOGO ◽  
W. Jean-Pierre SAWADOGO
Keyword(s):  
Burkina Faso ◽  
Technical Efficiency ◽  
Production Efficiency ◽  
Formal Education ◽  
Stochastic Frontier ◽  
Farm Income ◽  
Factors Affecting ◽  
Access To Credit ◽  
Income Breeding ◽  
Sahel Region

Millet is the basic cereal crop which contributes to rural households’ food security in the Sahel region of Burkina Faso. This study assesses the technical efficiency and its determinants of millet farmers in this region. A stochastic frontier approach is followed to analyze data collected on 106 households randomly selected in 2017. The mean technical efficiency is estimated at 71.23% implying that millet production may be increased by 28.77% with the same resources used by farmers. The results show that formal education, off farm income, breeding, and access to credit are the main factors affecting the production efficiency. The study recommends decisions makers to take appropriate measures regarding these factors, to enhance millet productivity in the Sahel region.

scholarly journals Public Credit Guarantee Schemes in Supporting SMEs: An Evaluation of Effectiveness and Impacts

2019 ◽  
Vol 15 (1) ◽  
pp. 174
Author(s):  
Maria Cristina Arcuri ◽  
Lorenzo Gai ◽  
Federica Ielasi
Keyword(s):  
Small Enterprises ◽  
Probability Of Default ◽  
Manufacturing Companies ◽  
Credit Guarantee ◽  
Access To Credit ◽  
Distress Prediction ◽  
Public Credit ◽  
Micro And Small Enterprises ◽  
Set Up ◽  
Reform Model

Public credit guarantee schemes are set up with the purpose of facilitating access to credit by Small and Medium-sized Enterprises (SMEs). The aim of the paper is to study the effectiveness and impacts of the Italian Central Guarantee Fund (CGF)’s activity, one of the main public guarantee schemes in Europe. This is even more important in the light of the 2018 CGF reform. Analyzing a sample which includes all the guarantees issued by the CGF from 2012 to 2018 on loans made to manufacturing companies, we find that the CGF methodology is partially able to capture the variables affecting the probability of default of SMEs. The CGF scores before the reform show poor capability to forecast risk in the medium term, above all for micro and small enterprises. The post-reform model shows better forecasting ability and a greater consistency with the Z’’-score, one of the most recognized model in the distress prediction literature. The new CGF model may indirectly control the behaviour of lenders and first-level guarantors. In particular, our findings show that the probability of default on exposures covered by a mutual guarantee institution and counter-guaranteed by the CGF is lower than the probability of default of loans granted by a bank and directly guaranteed by the CGF. As a consequence, the direct guarantees need to be more monitored by the CGF and potential effects on the bank behaviour may derive, strengthening ECB’s supervision activities.

scholarly journals Greater Inequality and Household Borrowing: New Evidence from Household Data

2020 ◽  
Vol 18 (6) ◽  
pp. 2922-2971
Author(s):  
Olivier Coibion ◽  
Yuriy Gorodnichenko ◽  
Marianna Kudlyak ◽  
John Mondragon
Keyword(s):  
Low Income ◽  
Local Variation ◽  
Access To Credit ◽  
Household Level ◽  
Household Data ◽  
Credit Supply ◽  
Long Run ◽  
Household Borrowing ◽  
New Evidence ◽  
Low Income Households

Abstract Using household-level debt data over 2000–2012 and local variation in inequality, we show that low-income households in high-inequality regions (zip codes, counties, states) accumulated less debt relative to their income than low-income households in lower inequality regions. We also find evidence that low-income households face higher credit prices and reduced access to credit as inequality increases. We argue that these patterns are consistent with inequality tilting credit supply away from low-income households and toward high-income households, which may have long-run implications for outcomes like homeownership or entrepreneurship.

Gender inequality in multidimensional welfare deprivation in West Africa

2015 ◽  
Vol 42 (11) ◽  
pp. 980-1004 ◽  
Author(s):  
Akoété Ega Agbodji ◽  
Yélé Maweki Batana ◽  
Dénis Ouedraogo
Keyword(s):  
Burkina Faso ◽  
Gender Inequality ◽  
Action Plan ◽  
Three Dimensions ◽  
Total Contribution ◽  
Content Type ◽  
Access To Credit ◽  
Counting Approach ◽  
Development Goals ◽  
Reverse Situation

Purpose – The importance of gender equality is reflected not only in the Millennium Development Goals (MDGs), but also in the World Bank’s Gender Action Plan launched in 2007 as well as in other treaties and actions undertaken at regional and international levels. Unlike other gender poverty works, which are mostly based on monetary measurement, the purpose of this paper is to adopt a non-monetary approach. Design/methodology/approach – The present study makes use of a counting approach to examine gender issues in Burkina Faso and Togo using household surveys, namely Enquête Intégrale surles Conditions de Vie des Ménages (2009/2010) and Core Welfare Indicators Questionnaire (2011), respectively. It focusses on six dimensions (housing, basic utilities, assets, education, employment and access to credit) largely recognized as MDG targets. Findings – Main findings indicate that overall individuals are the most deprived in education in Burkina Faso, while the reverse situation is true in Togo. Gender inequality is observed in all dimensions since women always seem to be more deprived than men. The situation is also marked by regional disparities. Moreover, the assessment of dimensional contributions shows different patterns for each country. While employment proves to be the main contributor of gender inequality in Burkina Faso, three dimensions (assets, access to credit and employment) account together for most of the total contribution to gender inequality in Togo. Originality/value – The main contribution of the paper is to use a multidimensional method (counting approach) to assess gender deprivation, with countries comparison. It also proposes an interesting combination of the decomposition by dimension with the subgroup’s decomposition in order to determine the largest contributor to gender inequality.

scholarly journals Logit Analysis of the Relationship between Interest Rate Ceiling and Micro Lending Market in Kenya

2018 ◽  
Vol 10 (8) ◽  
pp. 105
Author(s):  
Onyango Barnabas Ochien ◽  
Alphonce Juma Odondo
Keyword(s):  
Interest Rate ◽  
Banking Sector ◽  
Secondary Data ◽  
Positive Association ◽  
Logit Analysis ◽  
Significant Positive Association ◽  
Access To Credit ◽  
Credit Supply ◽  
Default Rate ◽  
The Relationship

Interest rate ceilings have been declining over the past decades as most developing countries continue liberalizing their financial policies. Prior to 2015, Kenya’s banking sector was vibrant and highly profitable. The sector loan book grew at an impressive compound annual rate of 16% in 2011 to 35% in 2015. However, after interest rate cap in 2016, there has been a general slowdown in micro lending and rise in non-performing loans. Some studies argue that the ceiling protects consumers from exploitation and guarantees access to credit while others observe the contrary. This study sought to establish the relationship between interest rate ceiling and micro lending in Kenya. It was anchored on financial accelerator effect theory and the theory of financial repression. The study relied on secondary data from Banks and Micro Entrepreneurs. Logit models were estimated to establish the relevant relationships. It was established that interest rate ceiling had significant negative association with credit supply and default rate. However, it had a significant positive association with cost of Credit. Both Nagelkerke’s R2 and Cox and Snell’s showed that the estimated model fitted well. The Wald criterion demonstrated that credit supply, costs of credit and default rate were significantly different from zero. Thus, the independent variables were significantly affected by interest rate ceiling. It is recommended that banks pursuing policy of increasing credit supply and reducing cost of credit should advocate for the repeal of interest rate ceiling while those interested in reducing default rate should advocate for its retention.

Inadequate adherence to antiretroviral therapy and prevention in hospital and community sites in Burkina Faso and Mali

2005 ◽  
Author(s):  
Pascal Niamba ◽  
Souleymane A. G. Aboubacrine ◽  
Catherine Boileau ◽  
Maria-Victoria Zunzunegui ◽  
Vknh Kim Nguyen ◽  
...  
Keyword(s):  
Antiretroviral Therapy ◽  
Burkina Faso
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