This paper presents an experiment conducted among rnicrocredit clients in Angola. The results suggest that more educated clients and female clients are more likely to favour members of their credit group over outside demands. Microcredit clients are often assigned to credit groups with joint liability for loans. Credit groups are likely to generate the internal social dynamics needed for group solidarity to form and repayment to happen. This is a matter of both group dynamics and individual characteristics, as some individuais conform more easily to in-group norms.
DW Angola
Development Workshop Angola