Hi Craig,
Good one! And a question to you within that subject. What are general experiences vis-à-vis informal-formal intersection, does the long standing hypotheses that informal will eventually become formal still holds good in current times, are developing economies with higher growth moving towards formalisation or are there factors that continue to maintain informal nature within the economy?
Will look forward to hear your and others’ experiences and thoughts on this.
Anuj
From: MicrofinancePractice@yahoogroups.com [mailto:MicrofinancePractice@yahoogroups.com]
Sent: Wednesday, October 08, 2014 9:08 AM
To: MicrofinancePractice@yahoogroups.com
Subject: [MFP] Formalization of informal businesses
Dear all
I am looking for example of financial institutions that use their relationships with micro and small businesses to encouage those enterprises to formalize, to become registered, meet safety and health requirements, and perhaps even pay taxes. I know that ABA in Egypt does that, requiring a greater degree of formalization as businesses want to access larger loans. I would be keen to learn more about any other examples.
Many thanks,
Craig
Craig Churchill
Chief, Social Finance Programme
International Labour Organization
Route des Morillons 4, Geneva
Switzerland CH-1211
Tel +41 22 799 6242
Email churchill@ilo.org
Website: www.ilo.org/socialfinance
For details about the Microinsurance Innovation Facility see www.ilo.org/microinsurance
For information about the Microinsurance Network, see www.microinsurancenetwork.org
-----------------------------------------
This electronic message may contain confidential, proprietary or privileged information intended solely for the use of the named recipient. The ILO is not liable for any error or virus connected with this transmission.
-----------------------------------------
Ce message électronique peut contenir des informations confidentielles, ou spécialement protégées, à la seule intention du destinataire. L'OIT ne peut être tenue responsable des erreurs ou des virus qui s'y trouveraient.
-----------------------------------------
Este mensaje electrónico puede contener información confidencial o especialmente protegida para el uso exclusivo del destinatario indicado. La OIT no se responsabiliza en caso de error o virus.
-----------------------------------------
Posted by: Anuj Jain <ajain@stfx.ca>
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (2) |
No comments:
Post a Comment