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Formalization and social cohesion: Evidence from rural Rwanda

De Bock, Ombeline (2015-04), Formalization and social cohesion: Evidence from rural Rwanda. https://basepub.dauphine.fr/handle/123456789/17666

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Type
Document de travail / Working paper
Date
2015-04
Series title
NOPOOR Working Paper
Series number
23
Pages
31
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Author(s)
De Bock, Ombeline
Fonds National de la Recherche Scientifique [FNRS]
Abstract (EN)
In many developing countries, where the judicial system is typically weak and where contracts are not legally protected against defaulting, there exists a multitude of membership-based organisations aiming at providing financial services to their members alongside more formal alternatives to access financial services. If these informal organisations persist despite the enforcement constraints they face, we are tempted to ask how those financial groups overcome commitment issues and sustain cooperation?
Subjects / Keywords
Rwanda; Microfinance; Social cohesion