Determinants of defaulting by collateral lending groups in microfinancing: A probit regression approach

Orientation: Despite the use of group lending, microfinance institutions (MFIs) are still faced with the risk of default by borrowers and the absence of physical collateral means that there is no recourse to borrower assets for repayment. It is therefore imperative to understand characteristics of l...

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Bibliographic Details
Main Authors: Katlego Modisagae, Christo Ackermann
Format: Article
Language:English
Published: AOSIS 2018-06-01
Series:Acta Commercii
Subjects:
Online Access:https://actacommercii.co.za/index.php/acta/article/view/562