Table 1.
Evolution of microfinance (Source: Author’s own work).
Table 2.
Theoretical frameworks in information asymmetry as a challenge to financial inclusion (Source: Author’s own work).
Fig 1.
Conceptual framework for reducing information asymmetry (Source: Author’s own work).
Table 3.
Results of ANOVA analysis (Source: Author’s own calculation).
Table 4.
Results of cluster analysis (Source: Author’s own calculation).
Table 5.
Impact of Peer mechanism, Peer selection & Peer sanction on Group Quality (Source: Author’s own work).
Table 6.
(a) Results of logistic regression for Model 1, Model 2, Model 3 (Source: Author’s own calculation). (b): Marginal effects of peer mechanism on internal default, external default, and misuse of funds. (Source: Author’s own work).