The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Microfinance Beyond Group Lending
Abstract
Microlending is growing in Eastern Europe, Russia and China as a flexible means of widening access to financial services, both to help alleviate poverty and to encourage private‐sector activity. We describe mechanisms that allow these programmes to successfully penetrate new segments of credit markets. These features include direct monitoring, regular repayment schedules, and the use of non‐refinancing threats. These mechanisms allow the programmes to generate high repayment rates from low‐income borrowers without requiring collateral and without using group lending contracts that feature joint liability.
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Citations
Cites
The Folk Theorem in Repeated Games with Discounting or with Incomplete Information
Fudenberg, D., & Maskin, E. (1986) · Econometrica · doi:10.2307/1911307 · Cited by 2,395
Morduch, J. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.4.1569 · Cited by 2,360
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Cited by
Morduch, J. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.4.1569 · Cited by 2,360
Self-citationAnglin, A. H., Short, J. C., Drover, W., Stevenson, R. M., McKenny, A. F., & Allison, T. H. (2018) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2018.03.003 · Cited by 451
The role of subsidies in microfinance: evidence from the Grameen Bank
Morduch, J. (1999) · Journal of Development Economics · doi:10.1016/s0304-3878(99)00042-5 · Cited by 375
Self-citationMicrofinance Repayment Performance in Bangladesh: How to Improve the Allocation of Loans by MFIs
Godquin, M. (2004) · World Development · doi:10.1016/j.worlddev.2004.05.011 · Cited by 332
Measuring social performance in social enterprises: a global study of microfinance institutions
Beisland, L. A., Djan, K. O., Mersland, R., & Randøy, T. (2021) · Journal of Business Ethics · doi:10.1007/s10551-019-04417-z · Cited by 84
Metadata
- Authors
- Armendáriz de Aghion, B., & Morduch, J.
- Venue
- Economics of Transition
- Publisher
- Wiley
- Published
- 2000-07
- Volume
- 8
- Issue
- 2
- Pages
- 401-420
- ISSN
- 0967-0750 (ISSN-L)
- 1468-0351
- OpenAlex
- W3125584107
- Cited by
- 436
- References
- 2
- FWCI
- 13.58
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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