Tag
2 cards
Control borrowers on standard early-repayment contracts allocated Rs 557.2 to house repairs (representing 58.6% of the non-business spending gap between groups), whereas grace period borrowers reduced house repair purchases by Rs 208.8 to Rs 222.1 to invest directly in illiquid business stock.
Pre-treatment loan disbursement was heavily skewed (only 15% in week 1 vs 32% in week 4 across 56 of 61 branches); the intervention drove an 18% increase in new loan origination in weeks 1–2 (p < 0.10) and smoothed loan disbursements toward the target distribution (35% week 1, 25% week 2), eliminating cash flow mismatch and associated transportation/funding costs.