Showing 1 - 10 of 2,371
Persistent link: https://www.econbiz.de/10011702535
Microfinance is typically associated with joint liability of group members. However, a large part of microfinance … contracts. Moreover, we show that microfinance institutions offer group loans when the loan size is rather large, refinancing … costs are high, and competition between microfinance institutions is low. Otherwise, individual loans are offered …
Persistent link: https://www.econbiz.de/10003935668
Persistent link: https://www.econbiz.de/10011399505
This paper presents a model of the complete microcredit financing chain investor - MIV - MFI - micro-borrower, in which social-minded MIVs provide funds only to those MFIs which do not exploit their bargaining power towards micro-borrowers. The MFIs with the highest bargaining power do not use...
Persistent link: https://www.econbiz.de/10011418233
Persistent link: https://www.econbiz.de/10010237095
Persistent link: https://www.econbiz.de/10011459448
Persistent link: https://www.econbiz.de/10010414764
Persistent link: https://www.econbiz.de/10013186433
Persistent link: https://www.econbiz.de/10012694340
Persistent link: https://www.econbiz.de/10012011530