liability structure offered by a microfinance program in India, which shifted from individual to group liability lending. The …Microfinance, the provision of small individual and business loans, has witnessed dramatic growth, reaching over 150 … are 6 percent less likely to be missed under the group liability setting, relative to individual liability. In addition …

Group liability is often portrayed as the key innovation that led to the explosion of the microcredit movement, which … peers to screen, monitor, and enforce each other's loans. However, some argue that group liability creates excessive … unclear whether group liability improves the lender's overall profitability and the poor's access to financial markets. The …