We investigate how well social collateral does as an alternative to traditional physical collateral. We do so by … approach with data from South Indian bidding Roscas. Our main finding is that cosigners do indeed provide social collateral … different theories of social collateral. Cosigners may be eÞective as a monitoring device (a borrower would pay to rid herself …

The present study, aims at highlighting the issues related to collateral as practiced by the five leading … for collateral, its composition, safety and costs involved, modus operandi, socio-economic impacts and its legal status in …