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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/6603
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dc.contributor.authorAbegaz, Gebreyesus-
dc.date.accessioned2021-12-13T08:07:57Z-
dc.date.available2021-12-13T08:07:57Z-
dc.date.issued2019-12-
dc.identifier.urihttp://dx.doi.org/10.4314/mlr.v13i3.6-
dc.description.abstractCredits from informal credit markets are commonly used by those who have limited access to formal financial institutions. There is no comprehensive legal framework that deals with informal credit markets in Ethiopia. The lack of clear, effective and enforceable legal framework to regulate transactions in the informal credit markets has created uncertainty on the applicable laws. Legal contentions on the formation of valid loan contracts and in relation to interest rates have caused ambiguities and inconsistent patterns of interpretation among courts, legal professionals and parties who are involved in the informal credit markets as borrower or lender. This article examines how the provisions of the Civil Code that regulate contract of loan are used and interpreted by courts and contracting parties. Thirty court cases are used to examine how courts apply the provisions of the Civil Code in their decisions in loan related cases in the context of informal credit markets.en_US
dc.language.isoen_USen_US
dc.publisherSt.Mary's Universityen_US
dc.subjectContract of loan · Enforcement of contract · Access to finance · Informal credit markets · Oral evidence · Parol evidence rulesen_US
dc.titleVol. 13 No.3:Uncertainties in the Enforcement of Loan Agreements in the Informal Credit Markets in Ethiopiaen_US
dc.typeArticleen_US
Appears in Collections:Mizan Law Review

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