Demand Side Analysis of Microlending Markets in Germany

In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate on the question of whether an uncovered demand for microlending services exists. The present pilot study explores customer preferences for microlending products in Germany. Among the interviewed business owners, 15% reported revolving funding needs and an interest in microloans. We find that potential recipients of microloan products are retail business owners, foreign business owners, and persons who had previously received private loans. Furthermore, financial products should feature rapid access to short-term loans.Entrepreneurship, Microlending, Market Research

Demand Side Analysis of Microlending Markets in Germany

In developing and transition economies, microlending has become an effective instrument for providing micro businesses with the necessary financial resources to launch operations. In the industrialized countries, with their highly developed banking systems, however, there has been ongoing debate on the question of whether an uncovered demand for microlending services exists. The present pilot study explores customer preferences for microlending products in Germany. Among the interviewed business owners, 15% reported revolving funding needs and an interest in microloans. We find that potential recipients of microloan products are retail business owners, foreign business owners, and persons who had previously received private loans. Furthermore, financial products should feature rapid access to short-term loans.entrepreneurship, microlending, market research

Non-destructive testing of carbon reinforced plastics by means of phase retrieval

In this work, the SLM-based phase retrieval system will be used to inspect carbon reinforced plastics samples (CFRP) under applying a thermal load. For this purpose, the system is used to capture a sequence of 8 spatially separated recording planes, where the distance between subsequent planes equals 2 mm. For detecting the hidden failures two sets of intensity observations are recorded. The first set for the initial state and the second set is captured after applying the load. To recover the phase information associated with the two states, the captured intensities have been subjected to an iterative algorithm based on the method of generalized projection.Comment: Conf. Speckle 201