Results 211 to 220 of about 35,050 (253)
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Is Group Lending a Collateral for Informal Credit?
Progress in Development Studies, 2021This article explores how participation in microfinance programs affects informal credit conditions. Using data on the rural credit market of Andhra Pradesh, I provide evidence that group lending participants obtain lower interest rates from the informal credit market. This result can be explained by two main factors.
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Group lending, sorting, and risk sharing
Games and Economic Behavior, 2020zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Group Lending versus Individual Lending in Microfinance [PDF]
, 2009 Microfinance is typically associated with joint liability of group members. However, a large part of microfinance institutions rather offers individual instead of group loans. We analyze the incentive mechanisms in both individual and group contracts. Moreover, we show that microfinance institutions offer group loans when the loan size is rather large,
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Microfinance Beyond Group Lending
Economics of Transition, 2000Microlending is growing in Eastern Europe, Russia and China as a flexible means of widening access to financial services, both to help alleviate poverty and to encourage private‐sector activity. We describe mechanisms that allow these programmes to successfully penetrate new segments of credit markets.
Beatriz Armendáriz de Aghion +1 more
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The role of group size in group lending
Journal of Development Economics, 2015Abstract This paper explores group size in joint liability lending, primarily in the adverse selection framework with local borrower information. A single, standardized contract that imposes full joint liability subject to a limited liability cap is optimal.
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Group Lending under Costly Group Formation
SSRN Electronic Journal, 2004The success of joint liability programs depends on nature and composition of borrowing groups. Group formation is a costly process and in our model these costs vary with the social identity of group partners. We show that risk heterogeneity in a borrowing group may arise due to the social identity of the agents.
Prabirendra Chatterjee, Sudipta Sarangi
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Individual Lending versus Group Lending in Microfinance: An analytical Study
Siddhant- A Journal of Decision Making, 2019Microfinance, over the years, has evolved from the traditional joint liability method to the new innovations such as individual lending and differential banking. Institutes which initially focussed only on production loans are now also attempting to provide consumption loan to the existing and potential customers.
Ashish Chaturvedi, Hari Prapan Sharma
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Social Identity and Group Lending [PDF]
, 2004 The success of joint liability programs depends on nature and composition of borrowing groups. Group formation is a costly process and in our model these costs vary with the social identity of group partners. We show that risk heterogeneity in a borrowing group may arise due to the social identity of the agents.
Prabirendra Chatterjee, Sudipta, Sarangi
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Kiva.org: The Dynamics of Group Lending
2010Transforming the world of microfinance, Kiva.org has successfully implemented strategies that powerfully effect human engagement.
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Credit Rationing, Group Lending and Optimal Group Size
Annals of Public and Cooperative Economics, 1998I develop a model of credit rationing with effort unobservable by lenders where borrowers can choose among projects of different riskiness. In such a set‐up rationing that can be relaxed if borrowers put up physical collateral arises. Group lending proves to be a possible means to relax rationing and improve efficiency when physical collateral is not ...
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