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. Author manuscript; available in PMC: 2013 Sep 9.
Published in final edited form as: J Eur Econ Assoc. 2010 Sep;8(5):947–988. doi: 10.1111/j.1542-4774.2010.tb00545.x

Table C.2.

Distribution of groups by chit value and contribution.

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.