Evaluations

Researchers analyzed the effect of reducing barriers to saving in rural Malawi on savings behavior, investment in agricultural inputs, and consumption. They found that farmers with access to formal savings accounts preserved greater amounts of savings throughout both the harvest and planting seasons...

Researchers conducted a randomized evaluation to investigate the demand for commitment savings products or financial counseling, and the impacts these products and services have on savings, among a sample of low- and moderate-income credit union members in New York City.

Researchers evaluated whether offering market vendors cash grants to pay off existing debt and financial training influenced future borrowing behavior. While market vendors were less likely to borrow and borrowed in smaller amounts in the short-term, most returned to debt within six weeks.

Previous research found that microcredit does not substantially improve borrowers’ income or social well-being, but less evidence exists on the impact of larger loans.