Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement …

In recent years, microfinance institutions have expanded into group lending with individual liability, leaving out the … repay a group loan to safeguard their reputation. We show that the introduction of group loans with individual liability … importance to their reputation will select into individual liability loans, causing default rates and interest rates to rise for …

Group liability is often portrayed as the key innovation that led to the explosion of the microcredit movement, which …

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 …

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 …