Econometric evaluation of the SEWA Bank in India: applying matching techniques based on the propensity score

<p>This study assesses whether the microfinance institution SEWA Bank, India, is meeting its objective of raising its members' income. A cross-sectional analysis is undertaken to assess the overall income effect of being a member as well and the effect of being a first-time as compared to repeat borrower. Results suggest that while being a member has a positive and significant effect on income, taking a first loan does not. </p>