Banerjee, Abhijit V. - 2013
-based lending product in a new market. In 2005, half of 104 slums in Hyderabad, India were randomly selected for opening of a branch … expenditure per capita. Expenditure on durable goods increased in treated areas, while expenditures on “temptation goods” declined …. We found no changes in any of the development outcomes that are often believed to be affected by microfinance, including …