Group Lending Model - A Panacea to Reduce Transaction Cost?
Microfinance institutions (MFIs) have stepped up towards commercialization and sustainability yet they face challenges in terms of transaction cost that limit their growth prospects. Transaction cost is incurred in forming the group of members, searching for the potential clients, monitoring, and ad...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2017-11-01
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| Series: | Zagreb International Review of Economics and Business |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/zireb-2017-0017 |