REVISITING SOCIAL CAPITAL IN DEVELOPMENT: CAN GROUP-BASED MICROFINANCE REPRODUCE SOCIAL CAPITAL? A Case Study in Rural Cambodia
Group-based microfinance programmes, based on trust and solidarity among members, currently dominate development policy and practice as the approach compensates for individual poor’s lack of material resources and market imperfections. Despite strong evidence of its social and economic impact, few researches take an in-depth, empirical look at how the group models manifest and create social capita