TY - JOUR
T1 - Leveraging informal lending mechanisms to facilitate technology transfer and microenterprise in developing countries
AU - Hansen, Kory
AU - Kim, Jin Ju
AU - Suffian, Stephen
AU - Mehta, Khanjan
N1 - Publisher Copyright:
© 2014 Elsevier Ltd.
PY - 2015/5/1
Y1 - 2015/5/1
N2 - This article discusses how Rotating Savings and Credit Associations (ROSCAs or merry-go-rounds) can concurrently overcome four challenges faced by small enterprises in developing communities: access to financial capital, technology transfer, vertical and lateral knowledge transfer, and reliable market linkages. Based on primary data from Kenya, three models of partnership between ROSCAs and diverse external organizations are presented and compared against each other. These approaches are designed to help ROSCA groups engage in small enterprises, while creating business opportunities for agricultural technology manufacturers and the formal banking industry. The ultimate purpose of such collaborations is to improve rural livelihoods, strengthen food value chains, and foster food security.
AB - This article discusses how Rotating Savings and Credit Associations (ROSCAs or merry-go-rounds) can concurrently overcome four challenges faced by small enterprises in developing communities: access to financial capital, technology transfer, vertical and lateral knowledge transfer, and reliable market linkages. Based on primary data from Kenya, three models of partnership between ROSCAs and diverse external organizations are presented and compared against each other. These approaches are designed to help ROSCA groups engage in small enterprises, while creating business opportunities for agricultural technology manufacturers and the formal banking industry. The ultimate purpose of such collaborations is to improve rural livelihoods, strengthen food value chains, and foster food security.
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U2 - 10.1016/j.techsoc.2014.12.001
DO - 10.1016/j.techsoc.2014.12.001
M3 - Article
AN - SCOPUS:84922711518
SN - 0160-791X
VL - 41
SP - 65
EP - 75
JO - Technology in Society
JF - Technology in Society
ER -