Mukherjee, Arghya Kusum; Kundu, Amit - In: Cogent economics & finance 2 (2014) 1, pp. 1-14
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...