Table C.2.
Breakdown of groups by: | chit value |
monthly contribution |
|||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Chit value/contribution: | 10 |
15 |
25 |
30 |
50 |
100 |
250 |
500 |
625 |
1000 |
|
(1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | ||
Duration | |||||||||||
LOW | MEDIUM | HIGH | LOW | MEDIUM | HIGH | ||||||
20 months | 18.88 | 3.74 | 2.02 | 4.85 | 3.31 | 12.04 | – | 28.53 | – | – | |
25 months | SHORT | 9.23 | – | 27.42 | – | 24.86 | 11.11 | – | – | – | 28.81 |
30 months | – | 96.26 | – | 28.48 | – | 12.04 | – | 53.69 | – | 19.92 | |
40 months | 71.69 | – | 69.76 | 6.06 | 11.05 | 38.89 | 100.00 | 1.44 | 100.00 | – | |
50 months | LONG | 0.21 | – | 0.81 | – | 60.77 | 13.89 | – | 0.32 | – | 46.61 |
60 months | – | – | – | 60.61 | – | 1.85 | – | 16.03 | – | – | |
100 months | – | – | – | – | – | 10.19 | – | – | – | 4.66 | |
Total (%) | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |
Total no. of groups | 943 | 348 | 248 | 165 | 181 | 108 | 676 | 624 | 173 | 236 |
Note: Chit value is the product of the monthly contribution and the group duration (in months). Chit value is measured in thousands of Rs., monthly contribution is measured in Rs.
The six chit values in the table account for over 90% of all observations, the four monthly contributions account for nearly 85% of the observations.