Publication:
Microleasing : Overcoming Equipment Financing Barriers

Loading...
Thumbnail Image
Files in English
English PDF (639.19 KB)
489 downloads
English Text (21.68 KB)
44 downloads
Date
2008-12
ISSN
Published
2008-12
Abstract
As their businesses grow, many microbusiness owners would like to purchase new machinery from a microfinance institution (MFI), since such equipment can hold the key to increasing production. However, MFIs are often not able or willing to lend for longer periods of time, with grace periods that long term lending for machinery requires. Long term financing from other sources is usually not feasible, since banks and leasing companies require collateral, a well-documented credit history and financial statements. For many microbusinesses, leasing could provide an effective alternative to taking on more debt. This note reviews financial and operational leasing, describes two microleasing experiences in Latin America, identifies risks, and provides recommendations for launching a micro-leasing program.
Link to Data Set
Citation
Goldberg, Mike. 2008. Microleasing : Overcoming Equipment Financing Barriers. en breve; No. 140. © World Bank, Washington, DC. http://hdl.handle.net/10986/10265 License: CC BY 3.0 IGO.
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Associated URLs
Associated content
Citations