AN ECONOMIC ANALYSIS OF GROUP LENDING PROGRAMS IN DEVELOPING COUNTRIES

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The Developing EconomiesVolume 31, Issue 1 p. 102-121 Free Access AN ECONOMIC ANALYSIS OF GROUP LENDING PROGRAMS IN DEVELOPING COUNTRIES John DEVEREUX, John DEVEREUXSearch for more papers by this authorRaymond P. H. FISHE, Raymond P. H. FISHESearch for more papers by this author John DEVEREUX, John DEVEREUXSearch for more papers by this authorRaymond P. H. FISHE, Raymond P. H. FISHESearch for more papers by this author First published: March 1993 https://doi.org/10.1111/j.1746-1049.1993.tb00995.xCitations: 17AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL References 1 Adams, D. W. The Conundrum of Successful Credit Projects in Floundering Rural Financial Markets,” Economic Development and Cultural Change, Vol. 36, No. 2 (January 1988). 2 Adams, D. W., and Pablo Romero, A. A. Group Lending to the Rural Poor in the Dominican Republic: A Stunted Innovation,” Canadian Journal of Agricultural Economics, Vol. 29, No. 2 (July 1981). 3 Allen, F. Credit Rationing and Payment Incentives,” Review of Economic Studies, Vol. 50, No. 4 (October 1983). 4 Besanko, D., and Thakor, A. V. Collateral and Rationing: Sorting Equilibria in Monopolistic and Competitive Credit Markets,” International Economic Review, Vol. 28, No. 3 (October 1987). 5 Bhatt, V. V. On Financial Innovations and Credit Market Evolution,” World Development, Vol. 16, No. 2 (February 1988). 6 Bratton, M. Financing Smallholder Production: A Comparison of Individual and Group Credit Schemes in Zimbabwe,” Public Administration and Development, Vol. 6, No. 2 (April-June 1986). 7 Braverman, A., and Guasch, J. L. Rural Credit Markets and Institutions in Developing Countries: Lessons for Policy Analysis from Practice and Modern Theory,” World Development, Vol. 14, No. 10/11 (OctoberNovember 1986). 8 Braverman, A., and Guasch, J. L. Institutional Analysis of Credit Cooperatives,” mimeographed (World Bank, 1988). 9 Burkett, P. Notes on Group Lending in Developing Countries,” mimeographed (Department of Economics, University of Miami, 1988). 10 Chan, Yuk-Shee, and Kanatas, G. Asymmetric Valuation and the Role of Collateral in Loan Contracts,” Journal of Money, Credit, and Banking, Vol. 17, No. 1 (February 1985). 11 Larsen, R. J., and Marx, M. L. An Introduction to Mathematical Statistics and Its Applications ( Englewood Cliffs , N.J. : Prentice-Hall, 1981). 12 Mosley, P., and Dahal, R. P. Lending to the Poorest: Early Lessons from the Small Farmers' Development Programme, Nepal,” Development Policy Review, Vol. 3, No. 2 (November 1985). 13 Owusu, K. O., and Tetteh, W. An Experiment in Agricultural Credit: The Small Farmer Group Lending Programme in Ghana (1969–1980),” Savings and Development, Vol. 6, No. 1 (1982). 14 Saito, K. A., and Villanueva, D. P. Transaction Costs of Credit to the Small-Scale Sector in the Philippines,” Economic Development and Cultural Change, Vol. 29, No. 3 (April 1981). 15 Schaefer-Kehnert, W. Success with Group Lending in Malawi,” in Rural Financial Markets in Developing Countries, Ed. J. D. Pischke et al. ( Washington , D.C. : World Bank, 1983). 16 Vogel, R. C., and Larson, D. W. Illusion and Reality in Allocating Agricultural Credit,” in Undermining Rural Development with Cheap Credit, Ed. D. W. Adams et al. ( Boulder , Colo. : Westview Press, 1984). 17 Von Pischke, J. D., and Adams, D. W. Fungibility and the Design and Evaluation of Agricultural Credit Projects,” American Journal of Agricultural Economics, Vol. 62, No. 4 (November 1980). Citing Literature Volume31, Issue1March 1993Pages 102-121 ReferencesRelatedInformation