What Makes A Credit Group Tick?

Microcredit clients are often assigned to credit groups with joint liability for loans. But what makes a credit group work well? What 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 norrns. This brief presents an experiment conducted among rnicrocredit clients in Angola.