Reputation and credit without collateral in Africa's formal banking.
The analysis of reputation as a contract enforcement instrument where legal institutions, especially commercial courts, fail to enforce commercial contracts has focused on informal credit markets. The literature centres on the argument that lenders or co-borrowers in group lending can easily monitor...
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| Format: | Working paper |
| Idioma: | English |
| Publicat: |
CSAE (University of Oxford)
2005
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