| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
REPAYMENT PERFORMANCE UNDER JOINT LIABILITY BORROWING. DOES SOCIAL CAPITAL MATTER?: EVIDENCE FROM ARMENIA
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| Autores: |
Kasarjyan, Milada
Fritzsch, Jana
Buchenrieder, Gertrud
Korff, Rudiger
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| Data: |
2008-01-14
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| Ano: |
2007
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| Palavras-chave: |
Microcredit
Social capital
Group liability
Repayment
Financial Economics
Labor and Human Capital
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| Resumo: |
The aim of this paper is to test empirically the role of both cognitive and structural social capital in explaining the repayment performance of individual members under joint liability borrowing in rural Armenia. Based on unique primary data collected in 2006 in Ararat, Armavir and Vayots Dzor provinces, overall 86 observations, we estimated the Logit model to identify the determinants associated with good or bad repayment behavior of individual members. The results revealed that the members with higher level of structural and cognitive social capital as well as with higher farm productivity performed better. This indicates the importance of social as well as economic determinants for the decision and the ability of borrowers to repay the credit.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
28066
http://purl.umn.edu/7796
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| Editor: |
AgEcon Search
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| Relação: |
European Association of Agricultural Economists>104th Seminar, September 5-8, 2007, Budapest, Hungary
European Association of Agricultural Economists 104th Seminar - 2007
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| Formato: |
8
application/pdf
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