Duflo, Esther; Banerjee, Abhijit; Glennerster, Rachel; … - National Bureau of Economic Research (NBER) - 2013
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...