Giné, Xavier; Karlan, Dean - Economic Growth Center, Economics Department - 2009
93, D71, D82, D91, G21, O12, O16, O17
Keywords: microfinance, group lending, group liability, joint liability, social …
other mechanisms, such as dynamic incentives, regular public repayments, etc. found in “group
lending” schemes. Quoting … group-lending centers in Leyte, an island in central Philippines, were randomly
converted to individual liability. Note …