Deposit Collectors

Nava Ashraf (), Dean Karlan and Wesley Yin ()
Additional contact information
Nava Ashraf: Harvard University
Wesley Yin: University of Chicago

Working Papers from Economic Growth Center, Yale University

Abstract: Informal lending and savings institutions exist around the world, and often include regular door-to-door deposit collection of cash. Some banks have adopted similar services in order to expand access to banking services in areas that lack physical branches. Using a randomized control trial, we investigate determinants of participation in a deposit collection service and evaluate the impact of offering the service for micro-savers of a rural bank in the Philippines. Of 137 individuals offered the service in the treatment group, 38 agreed to sign-up, and 20 regularly used the service. Take-up is predicted by distance to the bank (a measure of transaction costs of depositing without the service) as well as being married (a suggestion that household bargaining issues are important). Those offered the service saved 188 pesos more (which equates to about a 25% increase in savings stock) and were slightly less likely to borrow from the bank.

Keywords: Savings Behavior; Microfinance; Field Experiment; Savings Mobilization; Deposit Collector (search for similar items in EconPapers)
JEL-codes: D1 D9 G1 G2 O1 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2005-12
New Economics Papers: this item is included in nep-dev, nep-fin, nep-fmk and nep-mfd
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://www.econ.yale.edu/growth_pdf/cdp930.pdf (application/pdf)

Related works:
Journal Article: Deposit Collectors (2006)
Working Paper: Deposit collectors (2006)
Working Paper: Deposit Collectors (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:egc:wpaper:930

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