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.
At the first endline,
Second, the evaluation was run
Online Appendix Table A3, pan
nsignificant increase in business profits
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