The miracle of microfinance? Evidence from a randomized evaluation

Banerjee et al (2010)


Urban: Hyderabad slumsRCTMFI branches were opened in 52 randomly selected urban slums.Expenditure on durable goods and the number of new businesses increased significantly in treated areas. No effect on household expenditure per equivalent adult or women's decision-making role within the household after 15-18 months.