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