Cornée, Simon; Masclet, David - Centre de Recherche en Économie et Management (CREM) - 2013
microfinance results only from the use of group lending or is also due to other mechanisms such as peer sanctioning or dynamic ….e. group lending and peer monitoring). Our experiment indicates that peer-lending dimension of microcredit in absence of peer …-term credit relationships perform significantly better than group-lending mechanisms with or without peer sanctioning. …