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Repayments in Group Lending Microfinance


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

Group lending microfinance program has gained its fame from the success of many microfinance institutions across the world. Prior to the microfinance revolution in 1970s, formal lending institutions vehemently considered that poorer people cannot be banked and cannot repay a loan lacking collateral to guarantee. One potential solution to these problems was pioneered during the late 1970s as group lending microfinance, thanks to Nobel laureate Professor M Yunus at Grameen Bank, Bangladesh. Group lending induces borrowers to self select their peer, monitor each others and enforce repayment at the end. Group lending is thus considered as the key factor behind the high rates of repayment and the success story of many microfinance institutions. In this book the mechanism of group lending is examined with theoretical rigour and justified with empirical evidences. The book is specially suitable for the professionals in microfinance, NGO personnel, policy makers, donor agencies and graduate and research students of economics and finance

Product Specifications
SKU :COC38698
AuthorASM Rejaul Karim Bakshi
Number of Pages120
Publishing Year9/16/2010
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-01-08 00:00:00
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