Group Lending Model - A Panacea to Reduce Transaction Cost?

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...

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Bibliographic Details
Main Authors: Sharma Sudhir, Singh Priti, Singh Kratika, Chauhan Bhawana
Format: Article
Language:English
Published: Sciendo 2017-11-01
Series:Zagreb International Review of Economics and Business
Subjects:
micro finance institutions
transaction cost
joint liability group
Online Access:https://doi.org/10.1515/zireb-2017-0017

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