Search

Malindi-Watamu reefs in Kenya reveal a strong correlation between the terrigenous sediment load and consequent combined coral stress response. Coral stress response is a combination of the proportion of injured colonies, cover of soft corals and rocky substrate unsuited for corals. Coral stress response is advantageous as it is a means of bio-monitoring.

Entrepreneurial and business skills are generally considered key to microbusiness success, hence to Microfinance Institution (MFI) clients' loan repayment as well. However, empirical evidence is largely lacking, and where present, it is inconclusive on the importance of these skills for microfinance success. The present paper uses objective MFI loan repayment data to empirically test whether loan repayment rates positively correlate with self-evaluations on entrepreneurial and business skills of loan clients. A survey was conducted among 235 loan clients of uniCredit - an MFI in Ghana. We establish that MFI clients' self-evaluation of their entrepreneurial and business skills are not related to their loan repayment rates. However, we observe that women repay their loans better than do male microbusiness entrepreneurs, and loan repayment was also better for those entrepreneurs with more than 15 years of business experience. [ABSTRACT FROM AUTHOR]