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dc.contributor.authorFeigenberg, B.
dc.contributor.authorField, E.
dc.contributor.authorPande, R.
dc.contributor.authorRigol, N.
dc.contributor.authorSarkar, S.
dc.date.accessioned2015-02-02T04:44:37Z
dc.date.available2015-09-02T09:30:05Z
dc.date.issued2014-08-13
dc.identifier.bibliographicCitationFeigenberg, B., Field, E., Pande, R., Rigol, N. and Sarkar, S. DO GROUP DYNAMICS INFLUENCE SOCIAL CAPITAL GAINS AMONG MICROFINANCE CLIENTS? EVIDENCE FROM A RANDOMIZED EXPERIMENT IN URBAN INDIA. Journal of Policy Analysis and Management. 2014. 33(4): 932-949. DOI: 10.1002/pam.21790.en_US
dc.identifier.issn0276-8739
dc.identifier.urihttp://hdl.handle.net/10027/19321
dc.descriptionThis is the pre-peer reviewed version of the following article: Feigenberg, B., Field, E., Pande, R., Rigol, N., & Sarkar, S. (2014). DO GROUP DYNAMICS INFLUENCE SOCIAL CAPITAL GAINS AMONG MICROFINANCE CLIENTS? EVIDENCE FROM A RANDOMIZED EXPERIMENT IN URBAN INDIA. Journal of Policy Analysis and Management, 33(4), 932-949, which has been published in final form at DOI: 10.1002/pam.21790.en_US
dc.description.abstractAs an intrinsic part of the classic microfinance model, group meetings are intended to employ social capital to ensure timely repayment. Recent research suggests that more frequent meetings can increase social capital among first-time clients. Using randomized variation in group meeting frequency for 174 microfinance groups in India, we demonstrate that social capital gains associated with more frequent meetings continue to accrue across multiple lending cycles. However, these effects are reduced when group members differ in their borrowing history. In addition, clients who start with low levels of empowerment report higher social capital gains when matched with similar clients. We discuss how current microfinance policy debates overlook the creation of social capital, including through repayment meeting frequency, and we encourage regulators to undertake a holistic understanding of microfinance's impacts.en_US
dc.publisherWiley Periodicals Inc.en_US
dc.titleDo Group Dynamics Influence Social Capital Gains Among Microfinance Clients? Evidence From a Randomized Experiment in Urban Indiaen_US
dc.typeArticleen_US


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