Partnership financing of microenterprises
Muhammad Ramzan Akhtar
(School of Economics, International Institute of Islamic Economics, International Islamic University, Islamabad, Pakistan)
3128
Abstract
Reviews the progress of the institutions relating to financing of the microenterprises. Proposes a participatory financing scheme as an alternative to the interest‐based lending scheme. Highlights the theoretical framework of the scheme and examines its practical performance. Opines that if the details of the scheme are properly disseminated, then it is likely that its efficiency and equity features will attract the commercial banks worldwide.
Keywords
Citation
Ramzan Akhtar, M. (1997), "Partnership financing of microenterprises", International Journal of Social Economics, Vol. 24 No. 12, pp. 1470-1487. https://doi.org/10.1108/03068299710193930
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited