Munich Personal RePEc Archive

Mobilization of Personal Savings among Microfinance-Participating Households: A Survey in West Bengal, India

Kundu, AMIT (2013): Mobilization of Personal Savings among Microfinance-Participating Households: A Survey in West Bengal, India. Published in: Journal of Rural Cooperation , Vol. 41, No. No.2 2013 (28. December 2013): pp. 199-214.

[img]
Preview
PDF
MPRA_paper_53637.pdf

Download (339kB) | Preview

Abstract

This paper attempts to assess whether participation in a microfinance program helps households generate personal savings, as distinct from savings through compulsory contributions to the program. We consider a microfinance program initiated by the Government of India (the SGSY scheme),which is operated under a joint liability credit system that requires formation of Self-Help Groups (SHG).The empirical design relies on two samples of respondents: a “treatment group” of households participating in the microfinance program and a “control group” of non-participating households of similar characteristics. Using data collected at two points in time (April-July 2004baseline and September-December 2009 endline), we show that although income increases more in treatment-group households, the increase in personal savings of the microfinance-participating households over the study period is less than for the non-participating households.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.