Tag
group_lending
2 findings
Finance & microfinanceIndividual Liability in Group Lending SettingsAll 169 loan groups operated under individual liability with fortnightly meeting schedules, demonstrating that grace period investment gains occurred independently of joint liability financial obligations.RCTFinance & microfinancePeer Monitoring Risk ConstraintPeer monitoring within microfinance groups incentivizes borrowers to select safer, lower-return projects to minimize peer disapproval and social penalties.Expert Theory