Repayments in Group Lending Microfinance: The theory and empiric of repayments in lending without collateral,Used

Repayments in Group Lending Microfinance: The theory and empiric of repayments in lending without collateral,Used

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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

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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