The Demand for Funds from Rural Credit Unions in Togo
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Date
1990-02
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Publisher
Ohio State University. Department of Agricultural, Environmental, and Development Economics
Abstract
The paper shows that credit rationing is not exercised through transaction costs in Togo rural credit unions, as is the case in other financial institutions. Rules of proportionality between deposit holdings and loan amounts determine loan size, while risk-related factors influence the level of borrower transaction costs.