Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and more fair than their formal counterparts. The authors of these studies emphasize the diversity and richness of informal credit markets.

chapter 1|4 pages


ByDale W Adams, Delbert A. Fitchett

chapter 2|19 pages

Taking a Fresh Look at Informal Finance

ByDale W Adams

chapter 3|17 pages

The Rope and the Box: Group Savings in The Gambia

ByParker Shipton

chapter 4|14 pages

Informal Financial Groups in Cameroon

ByGertrud R. Schrieder, Carlos E. Cuevas

chapter 5|13 pages

Rural Finance in Somalia

ByVirginia DeLancey

chapter 7|17 pages

Informal Finance in Sri Lanka

ByNimal Sanderatne

chapter 8|15 pages

Informal Rural Finance in Thailand

ByTongroj Onchan

chapter 9|13 pages

Informal Finance in Papua New Guinea: An Overview

ByNimal A. Fernando

chapter 10|15 pages

Informal Finance in the Philippines’ Footwear Industry

ByMario B. Lamberte

chapter 11|16 pages

Collateral Substitutes in Rural Informal Financial Markets in the Philippines

ByEmmanuel F. Esguerra, Richard L. Meyer

chapter 12|16 pages

The Kou in Japan: A Precursor of Modern Finance

ByYoichi Izumida

chapter 13|14 pages

Pawnbroking and Small Loans: Cases from India and Sri Lanka

ByF. J. A. Bouman, R. Bastiaanssen

chapter 14|14 pages

Strengths of Informal Financial Institutions: Examples from India

ByC. P. S. Nayar

chapter 15|15 pages

Informal Finance in Indonesia

ByF. J. A. Bouman, H. A. J. Moll

chapter 16|14 pages

Evolving Forms of Informal Finance in an Indonesian Town

ByOtto Hospes

chapter 17|10 pages

Linking Formal and Informal Finance: An Indonesian Example

ByHans Dieter Seibel, Uben Parhusip

chapter 18|16 pages

The Financial Evolution of Small Businesses in Indonesia 1

ByRoss H. McLeod

chapter 20|12 pages

Formal Credit for Informal Borrowers: Lessons from Informal Lenders

ByRobert Peck Christen

chapter 21|10 pages

Regulatory Avoidance in Informal Financial Markets

ByRobert C. Vogel, Robert Wieland

chapter 22|10 pages

Contract Lending to Small Farmers in the Dominican Republic

ByJerry R. Ladman, Jose de la Vina, Roberto Liz

chapter 23|11 pages

Rotating Savings and Credit Associations in Bolivia 1

ByDale W Adams, Marie L. Canavesi

chapter 24|11 pages

ROSCAs: State-of-the-Art Financial Intermediation

ByJ. D. Von Pischke

chapter 25|12 pages

What Have We Learned About Informal Finance in Three Decades?

ByU Tun Wai

chapter 26|11 pages

Where to From Here in Informal Finance?

ByDale W Adams, P. B. Ghate