Performance and Impact of Microfinance
Evidence from Joint Liability Lending Programs in Malawi
©2008
Thesis
XX,
184 Pages
Series:
Development Economics and Policy, Volume 58
Summary
This study assesses the performance and impact of microfinance from group lending schemes with joint liability in Malawi. The study applies econometric models to technology adoption by farm households and to moral hazard and intra-group risk sharing to address the following objectives: to determine factors influencing the incidence of moral hazard among credit groups, to examine the extent to which intra-group insurance occurs, to investigate its underlying determinants, to assess the impact of households’ access to credit on the adoption of hybrid maize among households that vary in their credit constraints, and to assess the effect of credit on risk attitudes. The study recommends a number of microfinance policies as a way of improving performance and impact of microfinance.
Details
- Pages
- XX, 184
- Publication Year
- 2008
- ISBN (Softcover)
- 9783631572429
- Language
- English
- Keywords
- Microfinance Malawi Mikrofinanzierung Moral Hazard Insurance Agricultural Credit
- Published
- Frankfurt am Main, Berlin, Bern, Bruxelles, New York, Oxford, Wien, 2008. XX, 184 pp., num. fig.
- Product Safety
- Peter Lang Group AG