Micro-finance: the fuel or fall of entrepreneurship in emerging markets?

It’s no easy feat becoming an entrepreneur in emerging markets, especially since one’s entrepreneurial potential is so often stunted by the onerous bureaucratic processes involved in setting up a business and raising capital. For this reason, the advent of micro-finance has ignited hopes that micro-entrepreneurs would now have one less obstacle in their way.

But has micro-finance really lived up to these expectations?

A report compiled by the World Bank called Financing Businesses in Africa paints an interesting and unexpected story on the matter.

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