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Lending to the poor is expensive due to high screening, monitoring, and enforcement costs. Group lending advocates believe lenders overcome this by harnessing social connections. Using data from FINCA-Peru, I exploit a quasi random group formation process to find evidence of peers successfully...
Persistent link: https://www.econbiz.de/10005791873
Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement …
Persistent link: https://www.econbiz.de/10010753697
Group liability is often portrayed as the key innovation that led to the explosion of the microcredit movement, which …
Persistent link: https://www.econbiz.de/10005656151
Research on microcredit is now two decades old. There has been enormous progress in understanding both what microcredit … microcredit primarily about investment, consumption, or savings? Why is it that the investments financed by microcredit do not … capital, reputation, and group lending? This article attempts to take stock of this significant body of work and tries to …
Persistent link: https://www.econbiz.de/10010822956
Although, interest rate charged by microfinance stimulate of lot of ethical debate. Very few studies in microfinance … financial sustainability and fighting against poverty is a complex task for microfinance lending. In this backdrop, this paper …-for profit Microfinance Institutions (MFIs). The study uses neo-classical framework for the analysis of interest rate …
Persistent link: https://www.econbiz.de/10011127633
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Group loans with joint liability are a distinguishing feature of many microfinance programs. While such lending … contributes to an understanding of the conditions under which microcredit can reduce poverty. …
Persistent link: https://www.econbiz.de/10010719884
Group loans with joint liability have been a distinguishing feature of many microfinance programs. While such lending …
Persistent link: https://www.econbiz.de/10008854489
quality of financial access. They are taking possibilities well beyond early models centered on providing microcredit for …
Persistent link: https://www.econbiz.de/10014025731
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