Cason, Timothy N.; Gangadharan, Lata; Maitra, Pushkar - Krannert School of Management, Purdue University - 2008
Most problems with formal sector credit lending to the poor in developing countries can be attributed to the lack of information and inadequate collateral. One common feature of successful credit mechanisms is group-lending, where the loan is advanced to an individual if he/she is a part of a...