Title: Group versus individual liability: Short and long term evidence from Philippine microcredit lending groups

Type Dataset Giné, Xavier, Karlan, Dean (2017): Group versus individual liability: Short and long term evidence from Philippine microcredit lending groups. Harvard Dataverse. Dataset. https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi:10.7910/DVN/OGQWWL

Authors: Giné, Xavier (World Bank) ; Karlan, Dean (Yale University) ; Research Transparency, Data Ethics, and Governance (Innovations for Poverty Action) ;

Links

• Item record in Abdul Latif Jameel Poverty Action Lab Dataverse
• Digital object URL

Summary

Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement. However, it may create excessive pressure, and discourage reliable clients from borrowing. Two randomized trials tested the overall effect, as well as specific mechanisms. The first removed group liability from pre-existing groups and the second randomly assigned villages to either group or individual liability loans. In both, groups still held weekly meetings. We find no increase in short-run or long-run default and larger groups after three years in pre-existing areas, and no change in default but fewer groups created after two years in the expansion areas.

More information

• DOI: 10.7910/DVN/OGQWWL

Subjects

• Social Sciences, Microfinance, Access to finance, Informal economies, Micro-enterprises, Social capital, Group liability, Group lending

Dates

• Publication date: 2017
• Submitted: December 12, 2017
• Updated: November 13, 2019
• Collected: 2004-11 to 2008-07

Notes

Rights

• info:eu-repo/semantics/openAccess
• https://creativecommons.org/publicdomain/zero/1.0/ CC0 Waiver

Funding Information

Format

electronic resource