Microfinance Country Information
Republic of Korea

50% of average outstanding loans of agricultural households were from informal sources. Size of curb market (Urban informal credit) was 15% of deposit money banks loans in 1978. Informal money lenders covered 50% of farmers' credit needs

Source:

Germidis et al. (1991)

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Resource Links:

ICM References for South Korea

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Hari Srinivas - hsrinivas@gdrc.org
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