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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 …
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profit without adequately bearing the liability for potential loss. Social implications The condition of ḍamān al …
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