Gine, Xavier
Author
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Evaluating Microfinance Program Innovation with Randomized Control Trials: An Example from Group versus Individual Lending
This paper presents an application of the randomized control trial methodology to evaluate modifications in the design of microcredit programs. As microfinance becomes an even more popular tool for fighting poverty, institutions innovate rapidly in their products and programs. Policymakers and practitioners should know the relative impact of different designs, both to the client (in terms of welfare) and to the institution (in terms of financial sustainability).