The Effect of Membership Homogeneity on Group Size, Funds Mobilization, and the Engenderment of Reciprocal Obligations Among Informal Financial Groups in Rural Zaire

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1991-10

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Ohio State University. Department of Agricultural, Environmental, and Development Economics

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The hypothesis that informal financial groups (IFGs) in Zaire are relatively homogeneous in terms of gender, occupation, and geographical proximity. A simultaneous equations model of IFGs, corrected for heteroscedasticity, was estimated. Membership homogeneity is significant in explaining variations in the characteristics of the organizational form of IFGs-size of membership, amount of funds mobilized, and engenderment of reciprocal obligations.

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