There are many credit constraints for small and medium- sized enterprises due to incomplete and unenforceable contracts. The model of credit market exclusion in new institutional economics explains that the amount of wealth is beyond the limit that financial institution can get normal profit. Lower capital is the inner characteristic of SME. View of the structure of in- stitution constrained credit can be away from the disadvantage of capital scale. With the help of links between non - gov- ernmental organizations and SME, it is a feasible choice to use the institutional eomplementation among ...
