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portada Microfinance 2. 0 - Group Formation & Repayment Performance in Online Lending Platforms During the U. S. Credit Crunch. (in English)
Type
Physical Book
Language
English
Pages
85
Format
Paperback
ISBN13
9783838201184

Microfinance 2. 0 - Group Formation & Repayment Performance in Online Lending Platforms During the U. S. Credit Crunch. (in English)

Thilo Klein (Author) · Ibidem-Verlag, Stuttgart · Paperback

Microfinance 2. 0 - Group Formation & Repayment Performance in Online Lending Platforms During the U. S. Credit Crunch. (in English) - Thilo Klein

Physical Book

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Synopsis "Microfinance 2. 0 - Group Formation & Repayment Performance in Online Lending Platforms During the U. S. Credit Crunch. (in English)"

Microfinance 2.0 examines the role of reputation-based intermediaries on the world's largest peer-to-peer online lending platform. This marketplace as well as other recently opened lending websites allow people to auction microcredit over the Internet and are in line with the disintermediation in financial transactions through the power of enabling technologies. To mitigate severe information asymmetries in anonymous online transactions, the platforms allow lenders to delegate the screening of potential borrowers and the monitoring of loan repayments to designated group leaders. Thilo Klein provides an in-depth study into the mechanisms of these credit information networks and critically assesses their potential to ease access to finance for the credit-constrained during the US credit crunch.

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The book is written in English.
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