The Empirics of MIicrofinance: What do we know?
- Link: http://ideas.repec.org/a/ecj/e...
- Source: The Economic Journal
Microfinance has received a lot of attention recently, both from policy makers as well as in academic circles. This authors of this study look, for example, at explaining joint liability group lending and the dynamics of financial behaviour of the group members, including considering a role of a strong leader, in situations related to, for instance, to timely paying back the loans. The authors provide results of numerous study cases that have been carried out on this topic.
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