Consider the group lending model with altruism in the, Financial Management

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Consider the group lending model with altruism in the

Group lending:-

Consider the group lending model with altruism in the supplementary section, but assume that the projects are perfectly correlated rather than independent. What is the necessary and sufficient condition for the borrowers to have access to credit?

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Financial Management: Consider the group lending model with altruism in the

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Financial Management: Consider the group lending model with altruism in the

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