Cooperative Loan Funds, institutions created by both the public and the private sector to break the vicious cycle of poverty and joblessness by providing difficult to access finance while promoting the cooperative style of organization, exhibit varying complex behavioral modes characteristic of dynamic systems. To enhance understanding of generic loan fund dynamics, an archetype model was created using two instances of loan funds: the publicly instituted Industrial Common Ownership Fund (ICOF), and the self-organized North-Country Cooperative Development Fund (NCDF). Model assumptions, mathematical structure, and reasoning are then given in detail in preparation for analysis. Policy space is explored and synthesized leading to a set of superior operating policies that serve to create a loan fund organization that embodies both dynamic growth strategies and robustness in terms of maintaining original lending focus.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Fenty, Ian G.

Subject

• Community
• Security
• Well-Being

Publisher

• Worcester Polytechnic Institute

Identifier

• 01C002I

Keyword

• Equality--Economic aspects
• Computer simulation

Advisor

• Saeed, Khalid

Year

• 2001

Date created

• 2001-01-01

Location

• Worcester

Resource type

• Interactive Qualifying Project

Rights statement

• In Copyright