Data/hora: 05/06/2024 00:43:16

Provedor de dados: | 31
País: | United States
Título: | Group versus Individual Liability: Long Term Evidence from Philippine Microcredit Lending Groups
Autores: | Gine,   Xavier; Karlan,   Dean.
Data: | 2015-12-16
Ano: | 2009
Palavras-chave: | Microfinance; Group lending; Group liability; Joint liability; Social capital; Micro-enterprises; Informal economies; Access to finance; Consumer/Household Economics; Financial Economics; Institutional and Behavioral Economics; International Development; C93; D71; D82; D91; G21; O12; O16; O17.
Resumo: | Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement.  However, it may create excessive pressure, and discourage reliable clients from borrowing. Two randomized trials tested the overall effect, as well as specific mechanisms.  The first removed group liability from pre-existing groups and the second randomly assigned villages to either group or individual liability loans. In both, groups still held weekly meetings. We find no increase in default and larger groups after three years in pre-existing areas, and no change in default but fewer groups created after two years in the expansion areas.
Tipo: | Working Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/229136

Relação:

Yale University&gt;Economic Growth Center&gt;Center Discussion Papers

Economic Growth Center Discussion Paper

970

Formato: | 36