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The Impact of Population Mobility on repayment Rates in Microfinance Institutions
By Allison Vernerey and Johan Hörnell Several studies have attempted to model the determinants of repayment rates for group-based loans administered by micro-finance institutions (MFIs). One of the main variables that have been identifies as playing a role in determining the repayment rate is social capital. Empirical research however has struggled with quantifying this qualitative […]