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Group Lending Model and Microfinance Mechanism Innovation:Based on Inclusive Finance Perspective in China |
ZHOU Meng-liang ,LI Ming-xian |
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Abstract The effectiveness of traditional group lending is not very good in China. The research on group lending is idealized. Inclusive finance comes up with new requirements for microfinance mechanism innovation in China. We should not copy the Grameen model. It is very important to reforge the microfinance mechanism based on our national condition and establish the mechanism to encourage borrowers to repay the credit initiatively.
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Received: 17 March 2010
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Corresponding Authors:
ZHOU Meng-liang
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