Dagnelie, Olivier; LeMay-Boucher, Philippe - Centre for Economic Reform and Transformation, School … - 2007
In the light of first-hand data from a Beninese urban household survey in Cotonou, we investigate several motives aiming to explain participation in Rotating Savings and Credit Associations (ROSCAs). We provide empirical findings which lead us to think that the main reason why individuals join a...