Replication data for: The Miracle of Microfinance? Evidence from a Randomized Evaluation

Abhijit Banerjee, Cynthia Kinnan, Esther Duflo & Rachel Glennerster
This paper reports results from the randomized evaluation of a group-lending microcredit program in Hyderabad, India. A lender worked in 52 randomly selected neighborhoods, leading to an 8.4 percentage point increase in takeup of microcredit. Small business investment and profits of preexisting businesses increased, but consumption did not significantly increase. Durable goods expenditure increased, while \"temptation goods\" expenditure declined. We found no significant changes in health, education, or women's empowerment. Two years later, after control...
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