GROUP CREDIT IN COSTA RICA: AN ECONOMETRIC ANALYSIS OF INFORMATION TRANSFER, REPAYMENT PERFORMANCE, AND COST-EFFECTIVENESS

Mark D. Wenner

No 270738, 1990 Annual meeting, August 5-8, Vancouver, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Group lending with joint liability is a promising innovation in financial intermediation involving smallholders. Signaling theory is used to examine the effect of improved information regarding borrower creditworthiness on loan repayment rates. Internal rates of return determine cost-effectiveness. Data for the analysis came from a Costa Rican case study.

Keywords: Financial Economics; International Development (search for similar items in EconPapers)
Pages: 13
Date: 1990-08-05
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea90:270738

DOI: 10.22004/ag.econ.270738

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