Define reasons why group lending schemes may be better

Reference no: EM132175417

Question: 1. Refer to What are the main differences between individual lending contracts in microfinance and group lending contracts? What kinds of additional information would you need to have in order to draw sharper comparisons?

2. Give at least two reasons why group lending schemes may be better than individual lending ones, and at least two reasons why they may be worse.

Reference no: EM132175417

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Define reasons why group lending schemes may be better : Give at least two reasons why group lending schemes may be better than individual lending ones, and at least two reasons why they may be worse.

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