Table 3.
Estimated Impacts of Treatment on Loan Renewal (Extensive and Intensive Margins)
| First year after treatment: | At time of endline survey: | |||
|---|---|---|---|---|
| Administrative data | Self-reported | Other MFI loan | ||
| (1) | (2) | (3) | (4) | |
| Panel F: Loan amount, full sample | ||||
| Treatment | −2075*** (340) |
−1995*** (438) |
— | 72 (45) |
| Control group mean | 7485 | 7195 | 63 | |
| Number of clients | 5352 | 5353 | 5353 | |
| Panel G: Loan amount, business owners at baseline | ||||
| Treatment | −2713*** (418) |
−2869*** (516) |
— | 110 (75) |
| Control group mean | 8505 | 8343 | 64 | |
| Number of clients | 2148 | 2149 | 2149 | |
| Panel H: Loan amount, business owners at baseline, business started before SKS entry | ||||
| Treatment | −2843*** (445) |
−2724*** (562) |
— | 97 (96) |
| Control group mean | 8669 | 8505 | 78 | |
| Number of clients | 1714 | 1715 | 1715 | |
| Panel I: Loan amount, business owners at baseline, business started after SKS entry | ||||
| Treatment | −1902*** (664) |
−2868*** (837) |
— | 191* (113) |
| Control group mean | 7725 | 7461 | 0 | |
| Number of clients | 392 | 392 | 392 | |
| Panel J: Loan amount, non business owners at baseline | ||||
| Treatment | −1728*** (361) |
−1552*** (464) |
— | 29 (44) |
| Control group mean | 6802 | 6513 | 65 | |
| Number of clients | 3071 | 3071 | 3071 | |
Notes
The reported estimates correspond to those reported in Table 2, but report impacts on the amount of the loan (including zeros for non-renewal). All regressions control for the randomization stratification groups (SKS branch and above/below median number of clients within branch), and robust standard errors clustered by village are reported in parentheses.
***, **, *
denote statistical significance at the 1%, 5%, 10% level, respectively.