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Economists find kinship networks play key role to access credit - Phys.Org

http://phys.org/news/2012-11-economists-kinship-networks-key-role.html

In these situations, households need to borrow a large amount for investment, but may be tempted to not repay and cannot guarantee the loan with their own initial wealth. The relationships among kin guarantee the loan. "If your grandmother and other ...

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