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Bank-Insured RoSCA for Microfinance: Experimental Evidence in Poor Egyptian Villages

This paper proposes an alternative microfinance model built on Islamically acceptable principles, and tests its performance against Grameen-style microcredit in a “laboratory experiment in the field” conducted in poor Egyptian villages.
Publication date: July 01, 2011
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http://www.ruf.rice.edu/~elgamal/files/EMF-05-11.pdf