{"product_id":"microcredit-and-group-composition-von-silvia-cerisola","title":"Microcredit and Group Composition","description":"\u003cp\u003eA major obstacle to growth in poor countries is  known to be the lack of access to bank credit,  especially in rural areas, where a large majority of  individuals do not have adequate collateral to  secure a loan. Starting with the Grameen Bank in  Bangladesh and FINCA village banking in Latin  America, development policy makers have embraced  group lending as a possible alternative for lenders  to provide credit to the poor. Group lending typically links the fate of borrowers  by stipulating that if one borrower within a group  fails to repay her \/ his loan, the others in the  group must repay it for her \/ him. However, what  factors affect group performance and, in particular,  how do distance, ¿social capital¿ and heterogeneity  affect performance, promptitude in paying and saving  capability? This empirical analysis attempts to  address the above question by employing an original  dataset, collected by the author during the months  of April-June 2006 among the clients of FINCA Uganda. This work should be especially useful to  researchers, policy makers, and all those who are  interested in development in general, and in  microcredit in particular.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783844398939\"\u003e\u003ch3\u003eEmpirical Evidence from FINCA Uganda\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783844398939","offer_id":39497031614557,"sku":"9783844398939","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/53ae4265-e317-430a-aa00-d9eae5a820e5.jpg?v=1758260260","url":"https:\/\/shop.autorenwelt.de\/products\/microcredit-and-group-composition-von-silvia-cerisola","provider":"Autorenwelt Shop","version":"1.0","type":"link"}