Timor Leste : Access to Finance for Investment and Working Capital

This study argues the need for a policy environment supporting both urban informal sector dynamism and rapid transition from subsistence to monetization in agriculture. Such policies must include measures facilitating access to financial services for households, which are the backbone of the informal and subsistence economies. The economy of Timor-Leste is divided between a farm sector in which as many of 80 percent of workers remain, with most of these still dependent on subsistence production, and a non-farm sector in which micro- and small enterprises are an overwhelming majority. Most urban enterprises operate in an informal environment, while in both the farm and non-farm sectors the household is the basic unit of economic activity.

Bibliographic Details

Main Author:	Conroy, John
Format:	Policy Note biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2005-01
Subjects:	ACCEPTABLE COLLATERAL, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCOUNTING, ADB, AFFILIATES, ARREARS, AUDITING, AVAILABILITY OF CREDIT, BALANCE SHEETS, BANK CHARGES, BANK CREDIT, BANK DEPOSIT, BANK DEPOSITS, BANK LENDERS, BANK LENDING, BANK LOANS, BANKING SECTOR, BANKING SERVICES, BANKING SYSTEM, BANKRUPTCY, BANKRUPTCY LEGISLATION, BORROWING, BUSINESS ACTIVITY, BUSINESS COMMUNITY, BUSINESS DEVELOPMENT, BUSINESS DEVELOPMENT CENTERS, BUSINESS ENTERPRISES, BUSINESS FAILURE, BUSINESS LENDING, BUSINESS LICENSES, BUSINESS PLANNING, BUSINESS PLANS, CAPITAL STOCK, CAPITALS, CIVIL SERVICE, COLLATERAL, COMMERCIAL BANK, COMMERCIAL BANKING, COMMERCIAL BANKS, COMMERCIAL LENDERS, CONSUMER CREDIT, CONSUMER FINANCE, CONTRACT ENFORCEMENT, COOPERATIVES, CREDIT CAPACITY, CREDIT FACILITIES, CREDIT GUARANTEES, CREDIT PRODUCTS, CREDIT REGISTRY, CREDIT SCHEMES, CREDIT UNION, CREDIT UNIONS, CREDITOR, CREDITS, CUSTOMER BASE, DEBT, DEMAND DEPOSITS, DEMAND FOR CREDIT, DEMAND FOR SAVINGS, DEPOSIT, DEPOSIT ACCOUNTS, DEPOSITORS, DEVELOPMENT BANK, DISTRIBUTION OF INCOME, DIVERSIFICATION, ECONOMIC ACTIVITIES, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC POLICY, ELECTRONIC FUNDS, ELECTRONIC FUNDS TRANSFER, EMPLOYMENT OPPORTUNITIES, EMPOWERMENT, ENTERPRISE DEVELOPMENT, ENTREPRENEURIAL CAPACITY, ENTREPRENEURS, ENTREPRENEURSHIP, EQUITY INVESTOR, EXCESS DEMAND, EXCHANGE RATE, EXPENDITURE, EXPENDITURES, FACILITATION, FAMILY RESOURCES, FARM ENTERPRISES, FINANCE COMPANIES, FINANCIAL ACCESS, FINANCIAL ASSETS, FINANCIAL DEPTH, FINANCIAL EXCLUSION, FINANCIAL ILLITERACY, FINANCIAL INFRASTRUCTURE, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIATION, FINANCIAL LITERACY, FINANCIAL PRODUCT, FINANCIAL PRODUCTS, FINANCIAL SECTOR DEVELOPMENT, FINANCIAL SECTOR POLICY, FINANCIAL SERVICE, FINANCIAL SERVICE PROVIDERS, FINANCIAL SERVICES, FINANCIAL SYSTEM, FINANCIAL SYSTEMS, FISCAL DISCIPLINE, FISCAL POLICY, FOREIGN ASSETS, FOREIGN EXCHANGE, FORMAL ECONOMY, FORMAL FINANCIAL SERVICES, GOVERNMENT POLICY, HOUSEHOLDS, HOUSING, INCOME-GENERATING ACTIVITIES, INFLATION, INFLATION RATES, INFORMAL ECONOMIC ACTIVITY, INFORMAL ECONOMIES, INFORMAL ECONOMY, INFORMATION SHARING, INSTITUTIONAL DEVELOPMENT, INSURANCE, INTEREST RATE, INTEREST RATES, INTERNATIONAL FINANCE, JOB CREATION, LABOR MARKET, LACK OF ACCESS, LEGAL BARRIER, LEGAL FRAMEWORK, LEGAL TENDER, LENDER, LENDERS, LENDING INSTITUTIONS, LIMITED ACCESS, LINE OF CREDIT, LOAN, LOAN APPLICATION, LOAN APPLICATIONS, LOAN CATEGORY, LOAN CONTRACTS, LOAN PORTFOLIOS, LOAN PROVISIONING, LOAN SIZE, LOAN SIZES, LOANABLE FUNDS, MARKETABLE SURPLUS, MARKETABLE SURPLUSES, MERCHANTS, MFI, MFIS, MICRO ENTERPRISES, MICRO-ENTERPRISE, MICRO-ENTERPRISES, MICRO-ENTREPRENEURS, MICRO-FINANCIAL SERVICES, MICRO-LENDING, MICRO-LOANS, MICROFINANCE, MICROFINANCE INSTITUTION, MICROFINANCE INSTITUTIONS, MONEY TRANSFER, MONEY TRANSFERS, MORAL HAZARD, NET SAVINGS, NEW ENTRANTS, OPERATING COST, OPPORTUNITIES FOR WOMEN, OUTREACH, OVERHEAD COSTS, PAWN, PAWNSHOPS, PAYMENTS SERVICES, POLICY ENVIRONMENT, POSTAL BANK, POSTAL BANKING, PREJUDICES, PRICE STABILITY, PRIVATE BANKS, PRIVATE INVESTMENT, PRIVATE SAVINGS, PRIVATE SECTOR BANK, PRODUCTIVITY, PROFITABILITY, PROPERTY RIGHTS, PUBLIC POLICY, RATES OF INTEREST, REMITTANCE, REMITTANCES, REPAYMENT, REPAYMENTS, RETAIL BANKING, RISK MANAGEMENT, RURAL BANKS, SAVINGS, SAVINGS ACCOUNT, SAVINGS ACCOUNTS, SAVINGS SCHEMES, SAVINGS SERVICE, SMALL BUSINESS, SMALL ENTERPRISE, SMALL ENTERPRISES, SOLVENCY, SOURCES OF CREDIT, SOURCES OF FINANCE, SOURCES OF INCOME, START-UPS, STARTUP CAPITAL, STATE BANKING, STATE BANKS, TECHNICAL ASSISTANCE, TIME DEPOSITS, TRADE FINANCING, TRANSACTION COSTS, TRANSPORT, UNEMPLOYMENT, URBAN AREAS, URBAN ECONOMY, URBAN GROWTH, URBANIZATION, VENTURE CAPITAL, VILLAGE, VILLAGES, WAGES, WORKING CAPITAL,
Online Access:	http://documents.worldbank.org/curated/en/2005/01/16339485/timor-leste-access-finance-investment-owrking-capital http://hdl.handle.net/10986/13027
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