Attanasio, Orazio; Augsburg, Britta; De Haas, Ralph; … - Volkswirtschaftliche Fakultät, … - 2011
Although microfinance institutions across the world are moving from group lending towards individual lending, this … enterprise ownership. These results are in line with theories that stress the disciplining effect of group lending: joint … with this hypothesis. Borrowers in group-lending villages are less likely to make informal transfers to families and …