The scholarly article I choose to analyze was “Lending practices and Canadian women in micro-based businesses” by Orser Barbara J. and Foster, M K. The article was published in the Women in Management Review 9.5 in 1994. The article can be found on page 11 at the web address at the bottom of the page, I sought out this article to observe studies on micro-loaning and it’s the mechanics behind the operation of this niche market.  http://0-] search.proquest.com.books.redlands.edu/docview/213131010/abstract/32C5E2FDB67E44A5PQ/1?accountid=14729

The article touched upon the unusual circumstances surrounding microloans considering their inherently risky nature and neglect for conventional measures of stability to cover the crucial point of typical lending behavior which was the five C model of lending criteria. The article described in outstanding detail the characteristics that they consider in micro-loan applicants and the systems in place that has cultivated a nurturing environment for such a vulnerable industry. In addition, the article investigates the growing concern of sexism regarding the micro-loan criteria. The article pointed out that the criteria itself are not sexist although it’s application has proven to be hostile towards female entrepreneurs.

The article’s topic is on lending practices and their variability. In addition, the research question that I have arrived at is how are micro loaner’s able to survive in economic climates that large lending firms don’t find navigable?

To answer the question, I would find expert knowledge data. This is crucial because while economic repercussions are difficult to understand and adapt too although being in a market that’s based solely on high-risk dealing is far more difficult.

The data-gathering method that the author used was collecting public and private records from various sources of aggregate data and specific case studies that were of interest. The method that was determined to me most suitable for the study is interval ratio data analyses.

I find this study to be incredibly useful to forming a meticulous illustration of the criteria, biases, economic, and sociological factors that determine the eligibility of applicants. For instance, a piece of information that gave me deep insight into the field was that “economic restructuring, corporate downsizing, and high unemployment have created a “push” to self-employment. At the same time, the demand for contract services and new micro-market segments have “pulled” innovators into the micro-business sector”. This quote points out an indisputable but often ignored fact of our current economy which is that the U.S and many other nations have become service sector economies. The article proceeds to elaborate on my motivation for approaching this article which was micro-lending and utility in 3rd world countries. The method that they are referring to would fund economic development with far greater efficiency due to the emergence of micro markets during the 2nd industrial revolution the new micro-markets and in our evaluation of this research.   

I don’t believe the class or most readers would find this particular study interesting because of its niche audience although what I found was particularly interesting was that there is only a single commercial bank that performs micro-loans. The bank is called the Royal Bank and it is in Canada. In addition, Canada was found to be the 2nd most likely country in the world to secure its debt through commercial banking due to small-business owners and small-business finance.