Microcredit programs (i.e., very small loans issued to the extremely poor) usually target a group of women
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Microcredit programs (i.e., very small loans issued to the extremely poor) usually target a group of women and assign funds to them under the condition that decisions about the use of funds are made by all women in the group. How do you think this procedure will help solve asymmetric information problems?
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Microcredit programs targeting groups of women and assigning funds under the condition that decisions about the use of funds are made collectively can ...View the full answer
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