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dc.contributor.authorAttanasio, Oraziode
dc.contributor.authorAugsburg, Brittade
dc.contributor.authorDe Haas, Ralphde
dc.contributor.authorFitzsimons, Emlade
dc.contributor.authorHarmgart, Heikede
dc.date.accessioned2016-03-02T10:26:02Z
dc.date.available2016-03-02T10:26:02Z
dc.date.issued2014de
dc.identifier.urihttp://www.ssoar.info/ssoar/handle/document/46325
dc.description.abstractAlthough microfinance institutions across the world are moving from group lending towards individual lending, this strategic shift is not substantiated by sufficient empirical evidence on the impact of both types of lending on borrowers. We present such evidence from a randomised field experiment in rural Mongolia. We find a positive impact of access to group loans on food consumption and entrepreneurship. Among households that were offered group loans the likelihood of owning an enterprise increases by 10 per cent more than in control villages. Enterprise profits increase over time as well, particularly for the less-educated. For individual lending on the other hand, we detect no significant increase in consumption or enterprise ownership. These results are in line with theories that stress the disciplining effect of group lending: joint liability may deter borrowers from using loans for non-investment purposes. Our results on informal transfers are consistent with this hypothesis. Borrowers in group-lending villages are less likely to make informal transfers to families and friends while borrowers in individual-lending villages are more likely to do so. We find no significant difference in repayment rates between the two lending programmes, neither of which entailed weekly repayment meetings. (author's abstract)en
dc.languageende
dc.subject.ddcWirtschaftde
dc.subject.ddcEconomicsen
dc.titleGroup lending or individual lending?: evidence from a randomised field experiment in Mongoliade
dc.description.reviewbegutachtetde
dc.description.reviewrevieweden
dc.source.volumeSP II 2014-303de
dc.publisher.countryDEU
dc.publisher.cityBerlinde
dc.source.seriesDiscussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Markt und Entscheidung, Abteilung Ökonomik des Wandels
dc.subject.classozWirtschaftspolitikde
dc.subject.classozEconomic Policyen
dc.subject.thesozArmutde
dc.subject.thesozpovertyen
dc.subject.thesozKreditde
dc.subject.thesozcrediten
dc.subject.thesozGruppede
dc.subject.thesozgroupen
dc.subject.thesozKreditvergabede
dc.subject.thesozlendingen
dc.subject.thesozMongoleide
dc.subject.thesozMongoliaen
dc.subject.thesozHaftungde
dc.subject.thesozliabilityen
dc.rights.licenceDeposit Licence - Keine Weiterverbreitung, keine Bearbeitungde
dc.rights.licenceDeposit Licence - No Redistribution, No Modificationsen
internal.statusformal und inhaltlich fertig erschlossende
internal.identifier.thesoz10036765
internal.identifier.thesoz10040501
internal.identifier.thesoz10036244
internal.identifier.thesoz10039711
internal.identifier.thesoz10042332
internal.identifier.thesoz10035452
dc.type.stockmonographde
dc.type.documentArbeitspapierde
dc.type.documentworking paperen
dc.source.pageinfo47de
internal.identifier.classoz1090302
internal.identifier.document3
dc.contributor.corporateeditorWissenschaftszentrum Berlin für Sozialforschung gGmbH
internal.identifier.corporateeditor381
internal.identifier.ddc330
dc.description.pubstatusVeröffentlichungsversionde
dc.description.pubstatusPublished Versionen
internal.identifier.licence3
internal.identifier.pubstatus1
internal.identifier.review2
internal.identifier.series920
dc.identifier.handlehttps://hdl.handle.net/10419/93060
internal.check.abstractlanguageharmonizerCERTAIN


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