小组贷款内生的稳定机制研究——交换理论的视角

Study on the Endogenous Stability Mechanism of Group Lending——From the Perspective of Exchange Theory

本文在小组贷款还款率降低的大环境下,从社会交换理论信任、互惠、权力的维度出发,寻找内生性的小组贷款稳定机制,以此来规避没有抵押品的信用风险,使资金更多地流向农户和小微企业等弱势群体。研究发现同一个小组的组员性别相同、小组有规范去界定成员的行为,更有利于小组稳定。

Under the circumstance of declining repayment of group lending, this paper tries to find an endogenous mechanism to stabilize the group in order to avoid credit risk of no collateral based on the social exchange theory about trust, reciprocity, power, which can make more money flowing to farmers, small and micro-enterprises and other vulnerable groups. Results show that the same gender and standard rules in group candefine the deeds of members, which is more conducive to the stability of group lending.