the study investigated the loan repayment, its determinants and socio-economic characteristics of microfinance loan beneficiaries in the southeast states of nigeria. it was carried out in three states of the five southeast states. using a multistage sampling technique, a total of 144 loan beneficiaries in the three segments of mfis, namely; formal (commercial and development banks); semi-formal...

We quantify the importance of endogenous peer effects in group lending programs by estimating a static game of incomplete information. Endogenous peer effects describe how one’s behavior is affected by the behavior of her peers. Using a rich dataset from a group lending program in India, our empirical analysis presents a robust finding of large peer effects. The preferred model suggests that th...

this study was conducted with the objective of identifying the major determinants of loan repayment in small scale enterprises (sses) with particular reference to sses in one of kenya’s most dynamic informal business hub, kariobangi division in nairobi. in order to achieve this objective, primarily data were collected from 50 randomly selected respondents by using questionnaires. descriptive st...

I n this study we designed to test the remarkable repayment performance of Akhuwat in Pakistan; the most successful Islamic Microfinance Institution (IMFI), which offers interest-free loans in order to improve the quality of life and alleviate poverty. The model of Akhuwat is based on Muakhaat (brotherhood) and Qard-e-Hasan (offering financial assi...

We revisit the link between risk of sovereign default and costs. Contrary to prior literature, we show that higher costs may result in probabilities, lower bond prices, fiscal limits are not pinned down by economic fundamentals. Government debt sustainability depends on private investment behavior, which is affected expectations about defaults capital returns. argue this feedback loop gives ris...

The failure probability of the structures is one of the challenging problems in structural engineering. To obtain the reliability index introduced by Hasofer and Lind, one needs to solve a nonlinear equality constrained optimization problem. In this study, four of the most recent metaheuristic algorithms are utilized for finding the design point and the failure probability of problems with cont...

fault tree analysis (fta) as a probabilistic risk assessment (pra) method is used to identify basic causes leading to an undesired event, to represent logical relation of these basic causes in leading to the event, and finally to calculate the probability of occurrence of this event. to conduct a quantitative fta, one needs a fault tree along with failure data of the basic events (bes). someti...

the aim of this study is to introduce a parametric mixture model to analysis the competing-risks data with two types of failure. in mixture context, i t h type of failure is i th component. the baseline failure time for the first and second types of failure are modeled as proportional hazard models according to weibull and gompertz distributions, respectively. the covariates affect on both the ...

The aim of this article is to produce a comprehensive analysis of the performance of microfinance institutions (MFIs) in terms of repayment. We use 1629 loan observations to analyze with a probit the determinants of the repayment performance of borrowers of the BRAC, the BRDB and the Grameen Bank. We test for endogeneity of the size and duration of the loan in the determination of repayment and...