Bande-Ramudo, Roberto; Fernandez-Grela, Manuel; … - In: Cogent Economics & Finance 2 (2014) 1, pp. 2-7
Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
