TY  - GEN
N1  - This version is the version of record. For information on re-use, please refer to the publisher?s terms and conditions.
EP  - 61
AV  - public
Y1  - 2005/11//
TI  - Self Help Groups: Use of modified ROSCAs in Microfinance
KW  - Microfinance
KW  -  Group Lending
KW  -  Credit
KW  -  Saving
T3  - ESE Discussion Papers
A1  - Aniket, K
CY  - Edinburgh, UK
UR  - https://www.ed.ac.uk/economics/research/discussion-papers
PB  - School of Economics, the University of Edinburgh
ID  - discovery10052368
N2  - The paper documents the group lending mechanism used by a typical microfinance lender in Haryana, India. The mechanism had three interesting features. Firstly, the groups were initially formed as Rotating, Saving and Credit Associations. This enabled the lender to screen the groups. Second, there was significant heterogeneity within the group in terms of income and educational achievements. Third, the relatively wealthy individuals dominated the decision making process in the group and were able to obtain a disproportionate amount of credit allocated to the group.
ER  -