| Título: | Determinants of Repayment Performance in Credit Groups: The Role of Program Design, Intra-group Risk Pooling, and Social Cohesion in Madagascar |
| Autores: | Zeller, Manfred |
| Fecha: |
2010-11-29 2010-11-29 1996-05 |
| Publicador: | |
| Fuente: |
Ver documento |
| Tipo: | Working or Discussion Paper |
| Tema: |
Community Participation Madagascar Credit Financial Economics |
| Descripción: | Group lending has received much attention in recent years because of its perceived potential in providing financial services to poor households that lack traditional collateral. The analysis in this paper focuses on the effects of program design, community and group characteristics on the repayment performance of groups, using a data set on groups from six different lending programs in Madagascar. The results show that socially cohesive groups pool risks by diversifying the members’ asset portfolio so that their repayment performance is improved even in communities with high-risk exposure. |
| Idioma: | en |
1 Lost Directions: U.S. Foreign Assistance Policy Since New Directions por McGuire, Mark F.,Ruttan, Vernon W. | 6 |
2 | 7 How Fiscal (Mis)-Management May Impede Trade Reform: Lessons From an Intertemporal, Multi-Sector General Equilibrium Model for Turkey por Diao, Xinshen,Roe, Terry L.,Yeldan, A. Erinc |
3 On the Welfare Consequences of Political Activity por Coggins, Jay S. | 8 Efficient choice among domestic and trade policies in the Grossman-Helpman Interest-Group Model por Schleich, Joachim,Orden, David |
4 What Happened to Political Development? por Ruttan, Vernon W. | 9 Bilateral Harmonization of EC and U.S. Agricultural Policies por Mahe, Louis Pascal,Tavera, Christophe |
5 A Dynamic CGE Model: An Application of R&D- Based Endogenous Growth Model Theory por Diao, Xinshen,Elbasha, Elamin H.,Roe, Terry L.,Yeldan, A. Erinc | 10 Economics of Food and Safety: Risk, Information, and the Demand and Supply of Health por Falconi, Cesar,Roe, Terry L. |