Determinants of Repayment Performance in Indian Micro-Credit Groups

Deininger, Klaus ; Liu, Yanyan

关键词: ACCESS TO INFORMATION;    AMOUNT OF LOANS;    ANNUAL INTEREST RATE;    AUDITS;    BANK LOANS;   

DOI  :  10.1596/1813-9450-4885
RP-ID  :  WPS4885

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Despite their potential importance andease of modification, impacts of monitoring and loanrecovery arrangements on micro-credit groups' repaymentperformance have rarely been studied. Data on 3,350 expiredgroup loans in 300 Indian villages highlight that regularmonitoring and audits, high repayment frequency, consumptionsmoothing support through rice credit, and having groupsavings deposited with the lender all significantly increaserepayment rates. Estimated magnitudes of their effectsvastly exceed those of members' socio-economiccharacteristics. Significantly lower repayment on loansoriginating in externally provided grant resources suggeststhat stringent monitoring will be essential for these tohave a sustainable impact.