Is Microlending Counterproductive? A Network Perspective on Microlending

Autor:	Robert Hirth, Geoff Archer, Creed Tumlison
Rok vydání:	2013
Předmět:	Transaction cost Microfinance Entrepreneurship law Loan Loan repayment Perspective (graphical) Financial system General Medicine Business law.invention
Zdroj:	Academy of Management Proceedings. 1:aomafr.2012.027
ISSN:	2151-6561 0065-0668
Popis:	Group lending, the bundling of several borrowers together in groups, has been recognized as having helped to reduce loan transaction costs and extending credit to millions of poor and impoverished people around the world. Although there has been significant research on the connection between group lending and loan repayment rates, we suggest there are other outcomes of interest that need to be examined. Specifically, we suggest that the structure of group lending likely impedes innovative entrepreneurship and thus may be counterproductive in creating economic growth.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::a7c95b5a8c10542e669c8fbd8dea85be https://doi.org/10.5465/aomafr.2012.0270 Zobrazit plný text záznamu