Group Lending with Heterogeneous Types uri icon

abstract

  • Group lending has been widely adopted in the past thirty years by many microfinance institutions as a means to mitigate information asymmetries when delivering credit to the poor. This paper proposes an empirical method to address the potential omitted-variable problem resulting from unobserved group types when modeling the repayment behavior of group members

publication date

  • 2013
  • 2013
  • 2013
  • 2013