Mukherjee, Arghya Kusum; Kundu, Amit - In: Cogent economics & finance 2 (2014) 1, pp. 1-14
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 with individual liability, progressive lending, back-ended subsidy, and … social capital. "Joint liability" clause of the existing model is replaced with individual liability in the new model. The …