Rotating-credit associations cannot survive in socially disorganized urban settings.

Evidence

For example, one could not imagine a rotating-credit association operating successfully in urban areas marked by a high degree of social disorganization-or, in other words, by a lack of social capital. — Coleman, SocialCapitalCreation-1988, 89

Categorization

• QUESTION: Worth chasing: does modern empirical work confirm that downward social mobility or anomie kills microcredit-type institutions in cities?
• XREF: connects to: Rotating-credit associations depend on social trust to function. — Coleman, SocialCapitalCreation-1988, 85; Loose social conventions undermine our capacity to make credible long-term commitments

Related

• Rotating-credit associations depend on social trust to function. (similarity 0.81)

Broader Connections

• Loose social conventions undermine our capacity to make credible long-term commitments #corroborates (0.82)