RT Journal Article
T1 Financing entrepreneurial activity in Uruguay: time to default in a public microcredit institution
A1 Seijas Giménez, María Nela
A1 Vivel Búa, Milagros
A1 Lado Sestayo, Rubén
A1 Fernández López, Sara
K1 Microlans
K1 Microfinance
K1 Default
K1 Repayment
K1 Uruguay
AB This paper develops a tool to predict the percentage of compliance in the repayment of microloans granted by non-profit microfinance institutions (MFI) of the Uruguayan government. The database consists of 1,357 microloans granted by the Program for the Strengthening of Productive Entrepreneurs (PFEP) of the Uruguayan Ministry of Social Development (MIDES) during the period 2012–2016. The paper uses Cox (1972) proportional risk model, employing four penalty modes: ENET, LASSO, AENET and ALASSO. The analysis shows that with a reduced set of variables that are easy for the MFI to obtain, it is possible to obtain high predictive power.
PB Taylor and Francis Group ; Routledge
SN 1369-1066
YR 2022
FD 2022
LK https://hdl.handle.net/10347/39382
UL https://hdl.handle.net/10347/39382
LA eng
NO Seijas-Giménez, M. N., Vivel-Búa, M., Lado-Sestayo, R., & Fernández-López, S. (2022). Financing entrepreneurial activity in Uruguay: time to default in a public microcredit institution. Venture Capital, 24(2), 173–201. https://doi.org/10.1080/13691066.2022.2085070
NO This is the manuscript of an article that has been accepted for publication.
DS Minerva
RD 24 abr 2026