The miracle of microfinance? Evidence from a randomized evaluation

This paper reports on the first randomized evaluation of the impact of introducing the standard microcredit group-based lending product in a new market. In 2005, half of 104 slums in Hyderabad, India were randomly selected for opening of a branch of a particular microfinance institution (Spandana) w...

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Bibliographic Details
Main Authors: Banerjee, Abhijit, Duflo, Esther, Glennester, Rachel, Kinnan, Cynthia
Format: Working Paper
Language:en_US
Published: 2013
Online Access:http://hdl.handle.net/1721.1/79070