XXX大学毕业论文外文资料翻译PAGE\*MERGEFORMAT1毕业论文外文文献翻译Tarinyeba-KiryabwireWM.MicroEnterpriseFinanceinUganda:PathDependenceandOtherandDeterminantsofFinancingDecisions[J].AvailableatSSRN1633393,2010.学院商学院专业金融学班级学号姓名指导教师外文文献原文（摘译部分）MicroEnterpriseFinanceinUganda:PathDependenceandOtherandDeterminantsofFinancingDecisionsDr.WinifredTarinyeba-KiryabwireAbstractAccesstofinanceliteratureindevelopingcountriesfocusesonaccesstocreditconstraintsofsmallandmediumenterprises(SMEs)microenterprisesbecausetheyareconsideredthedriversofeconomicgrowth.However,inlowincomecountries,microenterprisesplayamuchmoresignificantrolethanSMEsbecauseoftheircontributiontonon-agriculturalself-employment.Thepredominantuseofinformalcreditratherthanformalcreditshowsthatthemannerinwhichmicroenterprisesareformedandconducttheirbusinessesfavorstheformeroverthelatter.Inaddition,otherfactorssuchaslengthycreditapplicationprocedures,negativeperceptionsaboutcreditapplicationprocessesmakeinformalcreditmoreattractive.Ontheotherhandspecificfactorssuchasbusinessdiversification,theneedtoacquirebusinessinputsorassetsthancannotbeobtainedusingsuppliercreditareassociatedwithatendencytouseformalcredit.IntroductionItwellestablishedthatinmarketswhereaccesstocreditisconstrained,itisthesmallerbusinessesthathavethemostdifficultyaccessingcredit.Variouspolicyinterventionshavebeenmadetoimproveaccesstocreditincludingreformingtheinformationandcontractualframeworks,macro-economicperformance,competitivenessinthefinancialsystem,andregulatoryframeworksthatenablefinancialinstitutionstodevelopproductsforSMEssuchasleasingandfactoring.Overthepasttenyears,policymakersindevelopingandlowincomecountrieshavefocusedonmicrofinanceasaninterventiontobridgetheaccesstocreditgapandimproveaccesstocreditforthosethancannotobtaincreditfrommainstreamfinancialinstitutionssuchascommercialbanks.However,despite,theuseofwhatareoftentermedas“innovativelending”methodsthataredesignedtoeaseaccesstocredit,suchasuseofgrouplendingandothercollat