摘要：Recent years, Group Lending has been superior to other financial products in solving lending problems for small and medium enterprises(SMEs), which attracts a few economists and policy makers’ attention. They focus on the reasons why Group Lending can achieve so much success, but little attention is paid to the applicability of this method to solve lending problems in China. This paper analyses the model of dynamic games among the borrowing enterprises, guarantee enterprises and the banks. Finally, it puts forward some countermeasures to satisfy the requirements.
