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The Miracle of Microfinance? Evidence from a Randomized Evaluation - Week8_Tutorial Reading.pdf

moodle.telt.unsw.edu.au/pluginfile.php/10622337/mod_resource/content/1/Week8_Tutorial%20Reading.pdf

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  • Fifteen to 18 months after the introduction of microfinance in each area, a comprehensive household survey was conducted with an average of 65 households in each neighborhood, for a total of about 6,850 households

  • In this paper we report on the oldest of these, the first randomized evaluation of the effect of the canonical group-lend- ing microcredit model

  • But households in treatment groups had larger loans and had been borrowing for a longer time period.

  • reduced-form/intent-to-treat estimates

  • At the first endline,

  • Second, the evaluation was run

  • Online Appendix Table A3, pan

  • nsignificant increase in business profits

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