Moh'd Al-Azzam; Heracleous, Maria; Sarangi, Sudipta - In: Southern Economic Journal 80 (2013) 2, pp. 502-522
Theoretical models of group lending assume that all group members are identical in terms of their effect on repayment performance. In practice, however, this may not be true. We use a unique data set obtained from a survey of 160 borrowing groups in Jordan to investigate the impact of joint...