Microcredit, a financial tool providing uncollateralized loans to low-income individuals, has seen a shift from joint-liability …

Joint liability loans are used in various settings, including business partnerships, agricultural cooperatives, and … promises, recent evidence suggests that joint liability has not consistently reduced loan defaults or operational costs. As a … limitation of traditional joint liability loans lies in their symmetric contract structure, which often leads to coordination …

Microcredit, a financial tool providing uncollateralized loans to low-income individuals, has seen a shift from joint-liability …

joint liability borrowers. The data was analyzed using structural equation modeling (SEM). Findings indicate that …