Equipment Leasing and Lending: A Guide for Microfinance

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Jun 2003
This paper describes how to do equipment finance--leasing and lending--for mainstream microentrepreneurs, that is, for those microentrepreneurs needing approximately $50 to $2500 to purchase equipment. Specifically, this paper examines the pros and cons of the two major financing alternatives, loans and leases. The paper also provides a series of best practice recommendations for microfinance institutions (MFIs) to use in their equipment leasing and lending programs.