Group Lending Scheme Operating Through Primary Agricultural Credit Society: A Critical Assessment
AbstractThe basic objective of the paper is to identify the effectiveness of group lending-based microfinance program operating through Primary Agricultural Credit Societies (PACS) in improving the economic condition among the rural participants in two blocks of Hooghly district in West Bengal. For the impact study, both Difference-in-Difference and First Difference methods have been considered. With the help of longitudinal data, the methods have been applied to minimize the possibility of selection bias during the time of drawing samples. It was found from the field survey that very few marginal farmers had taken credit from their respective groups for agricultural purposes. Results reveal that there has been no significant impact of microfinance program in terms of improvement of the outcome variables among the member households, in spite of the low interest rate charged on loans, high repayment rate within the groups and small size of Self-Help Groups (SHGs). The reasons for the same are lack of skill-based training programs for the members of groups and lack of marketing facilities to promote and sell the products produced by the members of SHGs. The only positive aspect is that the members can now protect themselves from the clutches of professional moneylenders who charge exorbitant interest rates.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by IUP Publications in its journal The IUP Journal of Managerial Economics.
Volume (Year): VIII (2010)
Issue (Month): 3 (August)
Contact details of provider:
Other versions of this item:
- Amit, Kundu & Suranjana, Mitra, 2010. "Group Lending Scheme operating through Primary Agricultural Credit Society: A Critical Assessment," MPRA Paper 23239, University Library of Munich, Germany, revised 10 Jun 2010.
- I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
- Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Xavier Gine & Dean Karlan, 2006.
"Group versus Individual Liability: A Field Experiment in the Philippines,"
Working Papers, Economic Growth Center, Yale University
940, Economic Growth Center, Yale University.
- Gine, Xavier & Karlan, Dean S., 2006. "Group versus individual liability : a field experiment in the Philippines," Policy Research Working Paper Series 4008, The World Bank.
- Dean Karlan & Xavier Giné, 2007. "Group Versus Individual Liability: A Field Experiment in the Philippines," Working Papers, Center for Global Development 111, Center for Global Development.
- Giné, Xavier & Karlan, Dean S., 2007. "Group versus Individual Liability: A Field Experiment in the Philippines," CEPR Discussion Papers, C.E.P.R. Discussion Papers 6193, C.E.P.R. Discussion Papers.
- Xavier Gine & Dean Karlan, 2006. "Group versus individual liability: A field experiment in the philippines," Natural Field Experiments 00253, The Field Experiments Website.
- Jonathan Zinman & Dean Karlan, 2009.
"Expanding Microenterprise Credit Access: Using Randomized Supply Decisions to Estimate the Impacts in Manila,"
Working Papers, Economic Growth Center, Yale University
976, Economic Growth Center, Yale University.
- Karlan, Dean S. & Zinman, Jonathan, 2009. "Expanding Microenterprise Credit Access: Using Randomized Supply Decisions to Estimate the Impacts in Manila," CEPR Discussion Papers, C.E.P.R. Discussion Papers 7396, C.E.P.R. Discussion Papers.
- Beatriz Armendariz & Jonathan Morduch, 2007. "The Economics of Microfinance," MIT Press Books, The MIT Press, The MIT Press, edition 1, volume 1, number 0262512017, December.
- Coleman, Brett E., 2006. "Microfinance in Northeast Thailand: Who benefits and how much?," World Development, Elsevier, Elsevier, vol. 34(9), pages 1612-1638, September.
- Ricardo Bebczuk & Francisco Haimovich, 2007. "MDGs and Microcredit: An Empirical Evaluation for Latin American Countries," CEDLAS, Working Papers, CEDLAS, Universidad Nacional de La Plata 0048, CEDLAS, Universidad Nacional de La Plata.
- Coleman, Brett E., 1999. "The impact of group lending in Northeast Thailand," Journal of Development Economics, Elsevier, Elsevier, vol. 60(1), pages 105-141, October.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (G R K Murty).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.