The financing predicaments of micro and small enterprises (MSEs) — such as MSE owners requiring lower credit costs, longer loan repayment periods, monthly loan repayments, and more diverse security methods to reduce access barriers — suggest a need for financial inclusion of the unbanked and a future for the microfinance industry in China.

Microfi nance institutions (MFIs), and fi nancial and quasi-fi nancial institutions around the world, have increasingly provided loans to groups and to individuals

We present COOL J1323+0343, an early-type galaxy at z = 1.0153 ± 0.0006, strongly lensed by a cluster of galaxies at z = 0.353 ± 0.001. This object was originally imaged by DECaLS and noted as a gravitational lens by COOL-LAMPS, a collaboration initiated to find strong-lensing systems in recent public optical imaging data, and confirmed with follow-up data. With ground-based grzH imaging and optical spectroscopy from the Las Campanas Observatory and the Nordic Optical Telescope, we derive a stellar mass, metallicity, and starformation history from stellar-population synthesis modeling. The lens modeling implies a total magnification of µ ∼113. The median remnant stellar mass in the source plane is M * ∼ 10.63 M and the median starformation rate in the source plane is SFR ∼ 1.55 × 10 −3 M yr −1 (log sSFR = -13.4 yr −1 ) in the youngest two age bins (0-100 Myr), closest to the epoch of observation. Our measurements place COOL J1323+0343 below the characteristic mass of the stellar mass function, making it an especially compelling target that could help clarify how intermediate mass quiescent galaxies evolve. We reconstruct COOL J1323+0343 in the source plane and fit its light profile. This object is below the expected size-evolution of early-type galaxy at this mass with an effective radius r e ∼ 0.5 kpc. This extraordinarily magnified and bright lensed early-type galaxy offers an exciting opportunity to study the morphology and star formation history of an intermediate mass early-type galaxy in detail at z ∼1 .