| By: |
Lopez-Rodriguez, Patricia;
De la Torre Garcia, Rodolfo |
| Abstract: |
The social capital has strengthened the solidarity funds when the legal
mechanisms and institutions for monitoring and assistance would not have been
present. The aim of this paper is to analyze the effect of social capital on
productivity and performance of the Mexican solidarity funds. For this it is
obtained an estimator indirectly associated with inequality, through which it
follows that if the social capital rises 1% the loans number increases by
0.2877% and the savings number increases by 0.4598%, and for each additional
producer that activate his social capital with his partners they will be
generated increases in loans recoveries amounting to 597.41 pesos. In this
sense, a greater investment in social capital will recover a larger amount of
borrowed funds and will increase savings and loans to poor producers |
| Keywords: |
Keywords: social capital; microfinances; financial cooperatives; market failures; asimetric information; relationships; networks. |
| JEL: |
O18 D63 D02 Z13 N26 O17 O16 C81 G21 |
| Date: |
2000–07 |
| URL: |
http://d.repec.org/n?u=RePEc:pra:mprapa:22974&r=mfd |