Accounting undergraduate Honors theses: Essays in development economics and economics of the family
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The remainder of the paper is organized as follows: Part 2 provides a survey of the current literature concerning funding sources and capital market access to MFIs, including the Microcredit Collateralized Debt Obligation (MiCDO) market, and the relative strengths of the main forms of capital market funding for MFIs. Part 3 introduces a hypothetical organization called the Central Microcredit Clearinghouse (CMC), and discusses its purpose in facilitating securitization of microcredit loans, as well as its potential organization and operation.
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